Half a million members covered by buyouts or buy-ins

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Insurance companies are now providing benefits for more than 500,000 UK defined benefit members after a record year for buyout and buy-ins, research shows.

The fifth annual LCP Pension Buy-ins, Buy-outs and Longevity Swaps Report found £40bn worth of deals had been completed since 2006, with £12.3bn worth transacting in 2011 alone - representing a 50%...

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