![Small schemes were 'driving force' behind record bulk annuity year](https://image.chitra.live/api/v1/wps/cd35edc/a5c366a8-7d27-4bb2-aa0d-a5f5fc1d0a7a/2/iStock-840165812-1-679x419.jpg)
Small schemes were the “driving force” behind last year’s record bulk annuity activity, Lane Clark & Peacock (LCP) has said.
2023 saw a record 226 buy-in and buyout transactions, with LCP noting last year's growth was "almost entirely" driven by deals under £10m. The consultancy also revealed the number of transaction...
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