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.
Over the last 12 months, deals covering liabilities of less than £100m have already started to increase in number, but the consultancy said 2020 could see further growth of up to 25%. The number of...
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