Underwritten bulk annuity market hits £700m

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The market for enhanced bulk annuities has almost hit £700m after a bumper fourth quarter in which 10% of all transactions was medically underwritten, according to research from Hymans Robertson.

The consultant's first report on the market found that 35 schemes had completed transactions since 2013, with a steep increase in activity at the end of 2014. Transactions covering £440m of bene...

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