Gilt markets will escape unscathed from the abolition of compulsory annuitisation due to the small impact the policy change will have on bulk and individual annuity sales, experts forecast.
A projected £1.3bn decrease in the £12bn annuity sales market caused by the abolition of compulsory annuity purchases would cause a £0.65bn sell-off of long gilts, where half of the market is held ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
