Yearly bulk annuity business of £10bn 'the new normal'

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The total value of annual bulk annuity deals is predicted to reach a "new normal" of over £10bn after volumes doubled within two years, according to LCP.

Published this week, the consultancy's Buy-ins, Buyouts and Longevity Swaps 2014 report also said the abolition of compulsory annuitisation announced in the Chancellor's Budget was helping to keep ...

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