Schemes urged to act on bulk annuities as funding 'crumbles'

James Phillips
clock • 2 min read

Defined benefit (DB) schemes should act now to insure members’ benefits before an “anomaly” in the markets is corrected, Prudential Retirement has said.

The insurer said, while 2019 has already proven a bumper year for bulk annuity transactions, with schemes enjoying superior funding statuses, this market will not last. A combination of increase...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Transport Friendly Society scheme completes £3.3m full buy-in with Just Group

Transport Friendly Society scheme completes £3.3m full buy-in with Just Group

BPA transaction secures the benefits of 15 pensions and 15 deferred members

Martin Richmond
clock 10 November 2025 • 2 min read
 LCP forecasts up to £550bn of buy-ins over the next decade

LCP forecasts up to £550bn of buy-ins over the next decade

Report finds 45% of schemes estimated to be fully funded on buyout basis

Jasmine Urquhart
clock 06 November 2025 • 4 min read
Royal Mail connects scheme to pensions dashboards ecosystem

Royal Mail connects scheme to pensions dashboards ecosystem

Scheme was connected via the Heywood integrated service provider

Holly Roach
clock 06 November 2025 • 1 min read
Trustpilot