Tumbling bulk annuity records should ring alarm bells for small schemes

Mega-deals have dominated the buy-in and buyout market this year, limiting insurer appetite for smaller transactions. John Breedon looks at how small schemes can get ahead for next year.
It's only October and yet 2019 has already been a record-breaking year for the bulk annuity market. The recent announcement that Rothesay Life has agreed the transfer of nearly £17bn of pension liabilities...
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