New entrants to bulk annuity market set to expand trustee choice

Paper finds record levels of transactions likely to encourage insurers to re-enter the market

Martin Richmond
clock • 2 min read
Pearce: Trustees should consider whether their circumstances and priorities mean that they should approach a new entrant for quotations
Image:

Pearce: Trustees should consider whether their circumstances and priorities mean that they should approach a new entrant for quotations

Prospective new entrants to the bulk annuity market will grant trustees increased choice when selecting an insurer to conduct a risk reduction transaction, according to Hymans Robertson.

The consultancy's paper What new entrants mean for the bulk annuity market, published today (28 November), noted with record levels of transactions expected in 2023 and in the coming years, the inc...

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

More on Risk Reduction

Stonegate Pub Company schemes complete £62m of full buy-ins with Utmost

Stonegate Pub Company schemes complete £62m of full buy-ins with Utmost

Transactions fully secure the benefits for 650 members of the two schemes

Martin Richmond
clock 11 November 2025 • 2 min read
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
Trustpilot