Bulk annuity business in 2016 will outstrip last year's levels despite a slow start due to the introduction of Solvency II, according to Willis Towers Watson.
Data cleansing is an increasingly important step in the path to bulk annuities especially with growth in medical underwriting. Kristian Brunt Seymour explores how it can benefit schemes.
Insurers should consider eyeing up smaller de-risking transactions rather than focusing on the mega deals that can end up falling away, according to Aon Hewitt.
As the number of small bulk annuity deals have fallen year on year despite overall growth in the market, Kristian Brunt-Seymour explores how small schemes can avoid being squeezed out.
As insurers implement new capital buffers that make bulk annuities less profitable, Kristian Brunt-Seymour explores how it will impact the market.
If structured correctly longevity swaps should not form a barrier to schemes going on to do buy-ins or buyouts according to Murray Blake.
The Pensions Institute has predicted there will be rapid growth in medically underwritten bulk annuities as schemes turn to ‘top-sliced' deals and traditional insurers get into the market.
Volumes of buy-ins and buy-outs exceeded £11bn for 2015 according to Lane Clark & Peacock (LCP).
The Alcatel-Lucent Pension Scheme has completed a £300m pensioner buy-in with Aviva.
Inchcape has wound up the TKM Group scheme through a buyout with Aviva that covers £300m of pension liabilities.