The Airways Pension Scheme's £4.4bn buy-in with Legal & General, announced this morning, is set to mark a 'fundamental shift' in market dynamics with deal volumes of £20bn-plus for 2018 now looking possible, consultants say.
LCP partner Charlie Finch told PP the APS deal took total buy-in and buyout volumes announced to date in 2018 to £13.7bn, breaking the record set in 2014 of £13.2bn with over three months of the year...
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