Bulk purchase annuity deal secures benefits of 2,400 scheme members
£60bn of bulk annuity transactions and £20bn of longevity swaps excepted this year
LCP completed 17 smaller scheme transactions in 2023 through ‘streamlined approach’
Despite it being another year of significant volatility in the investment markets, 2023 is set to be a record year for bulk annuities
Standard Life finds barriers include market volatility and investment strategy
PwC finds over the last year, more than half of DB schemes saw asset values fall 20-40%
New pensions charter, XPS H1 revenues, and Oliver Morley leaves PPF for Maps
Hymans Robertson recommended schemes consider exclusive risk transfer
Hymans Robertson says H1 was the busiest ever for the risk transfer market
Deal shows pricing opportunities for deferred liabilities are now considerably better