Solvency II drives record buy-in and buyout volumes in Q4

Kristian Brunt-Seymour
clock • 2 min read

The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.

This was mainly driven by pension schemes and insurers rushing to close transactions before the introduction of Solvency II on 1 January 2016. This European regulation introduced tougher capital bu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on DB Buyouts

K3 Advisory completes £53m buyout with unnamed scheme

K3 Advisory completes £53m buyout with unnamed scheme

Deal covers benefits of 235 pensioners 163 deferred members

Jasmine Urquhart
clock 16 February 2023 • 1 min read

Five stories you might have missed: TPR's integrated risk management; JLT hires Boniface; barriers to buyout

The biggest stories on PP this week include AMNT launching its red lines initiative to give trustees more voting power and HSBC slashing 'pension' payouts for top executives. Here are the top five

PP Online
clock 11 December 2015 •

Aviva's exit from large bulk annuity deals 'will not affect market'

Aviva's exit from the large-scale UK bulk purchase annuity market due to disappointing returns will not affect competition, Aon Hewitt says.

clock 05 July 2012 •
Trustpilot