LCP report reveals full buy-in pricing currently sits at its ‘best level in years’
LCP completed 17 smaller scheme transactions in 2023 through ‘streamlined approach’
LCP research finds ‘seismic shift’ in number of DB schemes seeking risk reduction transfers
LCP analysis reveals bulk annuity transaction volumes exceeded £20bn in H1 2023
Aon, Hymans Robertson, LCP and Mercer assess the key risk reduction trends of 2021
LCP analysis finds a large number of schemes expect to reach buyout within ten years
Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.
Pension Insurance Corporation (PIC) concluded £5.6bn on bulk annuities in 2020 after recording just over £2.1bn in the second half of the year.
The number of defined benefit (DB) scheme members with benefits protected by an insurer will double by the middle of the decade, according to Lane Clark & Peacock (LCP).