Rapid change in the UK defined benefit (DB) market is “encouraging” for the prospects of major insurance firms, a Bloomberg Intelligence report says.
The report said rising interest rates are set to make pension managers' programs appear better funded, enabling them to transfer all liabilities to insurers and leading some to "steadily abandon" l...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
