UK - The pensions transfer market is growing by 30% a year as a result of companies moving from defined benefit to money purchase provision, AMP NPI says.
The financial services company has launched “flexible” contracted-in money purchase and group AVC schemes specifically to meet this demand.
AMP NPI sales director David Tildesley said: “We are determined that AMP NPI will become the leading player in the pensions transfer market.
“We have a huge amount of expertise in this area and we have the administration capacity to handle bulk buy-outs and big volumes of business.”
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