Bulk annuity business slumps in first half of 2016
The volume of bulk annuity deals written in the first half of 2016 was 40% smaller compared to the previous year, according to Aon Hewitt.
Its Bulk Annuity Market Monitor for July 2016 said the market had been relatively quiet in the first half of 2016 with the total volume of business completed reaching £3bn. This is £2bn less than the same...
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