More than £12bn of scheme risk was transferred to insurers last year after a small number of huge deals in the final quarter gave the market a significant boost, says Aon Hewitt.
The consultant's 2012 review of the risk settlement market revealed that the volume of business written was 50% above than the previous high reported in 2010. It found that 60% of bulk annuity t...
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
