Lack of CPI instruments drives up buyout cost

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UK - Insurers will be forced to increase buyout prices in the medium term unless CPI-linked instruments are issued in the coming months, Punter Southall says.

The consultant said at the moment any CPI risk insurers hold will have to be on their own books because there are no CPI-linked financial instruments in the market to pass the risk on to. Punter...

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