Hymans Robertson says 124 transactions with an average size of £127m took place in H2
Bloomberg says some pension managers expect to steadily abandon LDI approaches
Hymans Robertson research finds bulk annuity market could exceed £50bn this year
LCP analysis finds a large number of schemes expect to reach buyout within ten years
Insurer says it will remain patient to ensure new business returns are appropriate
Continuing demand for longevity risk insurance products perseveres throughout volatility
Quieter H1 market due to busy second half last year and well-prepared schemes could benefit
Just Group completed 23 buy-in and buyout transactions at a total volume of £1.5bn over the course of 2020, according to its annual results.
Phoenix Group completed £2.5bn of buy-ins and buyouts over the course of 2020, including a bulk annuity deal with one of its own schemes.
Aviva secured record net flows of £8.5bn into its saving and retirement products in 2020, while bundled workplace assets under management grew by 14% to £81bn, its annual results reveal.