Bulk annuity demand to hit £30bn this year

Hope William-Smith
clock • 2 min read

Demand in the bulk annuity market is expected to remain high driving total deals to around £30bn this year in line with 2020 results, according to Bloomberg Intelligence (BI).

The data provider's Pension Offloading Is Driving Up Bulk Annuity Market report - published yesterday (29 March) - found deals this year are expected to be lower than the record £43.8bn conducted i...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Management

Partner Insight: Own risk assessment

Partner Insight: Own risk assessment

Golden opportunity or compliance burden?

Luke Williams, Barnett Waddingham
clock 10 May 2024 • 3 min read
Veitchi scheme completes £8m buy-in with Just Group

Veitchi scheme completes £8m buy-in with Just Group

The deal secures the benefits of the scheme’s remaining 82 uninsured members

Holly Roach
clock 02 February 2023 • 2 min read
Surge in UK risk settlement predicted for 2023

Surge in UK risk settlement predicted for 2023

Events of last year will continue to feed through to the market, says Aon

Jasmine Urquhart
clock 05 January 2023 • 3 min read
Trustpilot