Record-breaking year predicted for de-risking market

Buy-in and buyout volumes anticipated to exceed the £43.8bn seen in 2019

Martin Richmond
clock • 2 min read
Finch: "The average DB pension scheme starts 2023 in much better shape than a year ago"
Image:

Finch: "The average DB pension scheme starts 2023 in much better shape than a year ago"

2023 will be an unprecedented year for the de-risking market with a record-breaking number of transactions, Lane Clark & Peacock (LCP) has predicted.

In a series of predictions for the year ahead, the consultancy has forecast the total volume of buy-in and buyout transactions will surpass the £43.8bn set in 2019, with schemes, on average, five y...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PPF publishes first PPF 7800 Index following methodology revamp

PPF publishes first PPF 7800 Index following methodology revamp

Substantial downward revision in aggregate funding position but DB outlook ‘encouraging’

Jonathan Stapleton
clock 10 December 2024 • 4 min read
FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Trustpilot