The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
Increased insurer competition, greater regulatory certainty and easier access to capital could boost the bulk annuity market 50% next year, according to a report from LCP.
The Wiggins Teape Pension Scheme has agreed a £400m pensioner buy-in with Scottish Widows in the insurer's first foray into the bulk annuity market.
Canada Life has completed its first ever bulk annuity transaction - completing a £5m pensioner buyout with Oundle School.
The Court of Appeal (CA) has provided guidelines to employers on how they could avoid being accused of discrimination when dismissing employees.