L&G transacts £507m bulk annuities in quieter H1 but expects 'exceptionally busy' H2
Legal & General (L&G) has announced bulk annuity sales in the first half were £1bn lower than last year, but it expects another £7bn of deals in the second half.
In its half yearly report published 09 August, L&G said it completed 14 UK pension scheme buy-ins and buyouts totalling £0.5bn in H1, compared to £1.5bn in the first half of 2017. The insurer is currently...
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Phoenix insures £144m of Aegon scheme liabilities
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PIC converts Scottish Hydro-Electric Pension Scheme longevity swap into £750m buy-in
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Number of small scheme bulk annuities falls 30% in five years
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