UK - Buyout providers Legal & General and Paternoster reported strong growth during Q1, according to trading results released today.
L&G said it had written £722m (US$1.4bn) of new pension buyout business since January, a rise of 324% against the same period last year. Paternoster, meanwhile, reported £520m of new business, a ri...
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 for 12 months, 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
