The cost of insuring a UK defined benefit (DB) scheme has risen in the past year as prices fell in other markets, according to Mercer.
Competition among UK insurers to buy out schemes after a record-breaking year for bulk annuities has not driven down prices which are still significantly above global levels. Mercer's latest Glo...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date