Increased pension transfers reduce FTSE 350 schemes' buyout deficit by £2.5bn

Holly Roach
clock • 1 min read

The buyout deficit of FTSE 350 pension schemes has reduced by £2.5bn since the introduction of Freedom and Choice due to an increased number of transfer exercises, Barnett Waddingham has found.

Around 10% of FTSE 350 listed schemes have carried out a pension transfer exercise since 2014, while the number of schemes able to reach buyout within the next five years is expected to rise by a t...

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