DB schemes should prepare for 'major' buyout delays

'Growing mismatch’ between number of schemes and insurers available to transact

Martin Richmond
clock • 3 min read
DB schemes should prepare for 'major' buyout delays

Defined benefit (DB) schemes on the road to buyout should be prepared for “major delays” due to soaring demand for bulk annuity transactions, according to AXA Investment Managers (AXA IM).

The firm argued interest in buyout among DB schemes has increased as a result of the gilts crisis following September's Mini Budget and favourable market conditions have led to an improved funding ...

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