Number of small scheme bulk annuities falls 30% in five years
There has been a 30% reduction in the number of small scheme buy-in and buyout transactions, highlighting how insurer attention has shifted towards larger deals.
Over the past five years, the number of bulk annuity deals insuring liabilities of £100m or less has fallen by almost a third, Lane Clark & Peacock (LCP) analysis found. While the consultant has worked...
More on Risk Reduction
Unomedical scheme completes £10m buyout with Aviva
The Unomedical Pension Plan has agreed to a £10m buyout of its 65 members’ liabilities with Aviva.
The real deal? Buy-in and buyout pricing during Covid-19
Chris DeMarco explains why the Covid-19 has increased opportunities for schemes to de-risk via bulk annuities.
Small scheme bulk annuities to surge in 2020, says LCP
Keen insurer pricing and streamlined services will lead to a surge in demand from smaller schemes to undertake bulk annuity transactions, Lane Clark & Peacock (LCP) predicts.
Preparing for de-risking transactions
With bulk annuity markets becoming increasingly busy before Covid-19, James Geer looks at what steps trustees can take to improve their chances of transacting.
British Bankers' Association scheme completes £95m full buy-in deal with Aviva
The British Bankers’ Association Pension Scheme (BBA) has completed a £95m bulk purchase annuity transaction with Aviva.