'Exceptional' bulk annuity pricing to continue until 2018
Defined benefit (DB) schemes are not taking advantage of "exceptional" pricing for bulk annuities, with most schemes insured in H1 being repeat buyers, Aon Hewitt has said.
This is despite higher capacity and competitive pricing, which are likely to continue into next year, with new entrants to the market and high yields on long-term illiquid assets. The period from mid-2016...
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