Bulk annuity market on track for biggest year since 2008

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The bulk annuity market is set to hit a five-year high with insurers preparing for a busy six months after completing £3bn of transaction in the first half of 2013.

This compares favourably with the £4.5bn of transactions completed across the whole of 2012. It is the most activity seen in the first half of a calendar year since 2008, when the market eventua...

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