H1 2023 bulk annuity volumes surpass all-time record

LCP analysis reveals bulk annuity transaction volumes exceeded £20bn in H1 2023

Martin Richmond
clock • 2 min read
H1 2023 bulk annuity volumes surpass all-time record

Buy-in and buyout volumes in the first half of 2023 surpassed the record level set in 2019, according to analysis conducted by Lane Clark & Peacock (LCP).

The consultancy's research, which analysed the H1 2023 financial results of six of the eight insurers active in the market and the publicly disclosed transactions of Pension Insurance Corporation (...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Englass Pension Scheme completes £12m buy-in with Just Group

Englass Pension Scheme completes £12m buy-in with Just Group

Transaction insures the benefits of all 100 members of the scheme

Jasmine Urquhart
clock 31 March 2025 • 1 min read
Lloyds completes two longevity hedging transactions valued at £5.1bn

Lloyds completes two longevity hedging transactions valued at £5.1bn

Third and fourth transactions protect schemes from cost of unexpected increases to life expectancy

Holly Roach
clock 31 March 2025 • 3 min read
Clark & Butcher scheme secures £2m buy-in with Just Group

Clark & Butcher scheme secures £2m buy-in with Just Group

Deal secures the benefits of 15 pensioners and eight deferred scheme members

Holly Roach
clock 28 March 2025 • 1 min read
Trustpilot