Buzz: Industry fears 'cartel mentality' in bulk annuity market

clock • 1 min read

Just over half of respondents were concerned there was insufficient competition in the bulk annuity market, while 37% said the dominance of a handful of big players was not worrying.

                Several commentators warned of the danger of a "cartel mentality" developing. "It is always nice to have more providers as this introduce a greater level ...

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