There is expected to be a “surge” in bulk annuity deals as the majority (86%) of defined benefit (DB) scheme trustees say they will approach an insurer about such a deal in the next five years, Standard Life says.
Research from Standard Life, which asked 50 DB trustees of large schemes over £100m in size about their de-risking plans, found half (50%) said they will consult on completing a bulk purchase annui...
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