Bulk annuity markets to reach £10bn this year

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Insurers completed bulk annuity transactions of £2.5bn in the third quarter, bringing total benefits insured in 2015 to around £6.9bn.

The figure for the first three quarters is highly dependent on a few large deals, yet the market has slowed down since last year, when £13.2bn of deals were closed. Barnett Waddingham senior bul...

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