Two new entrants expected to enter bulk annuity market in 2024

LCP says market is on target for another record-breaking year

Martin Richmond
clock • 2 min read
Finch: 2024 looks on course to set new records driven by a growing wave of schemes seeking buy-in and buyouts
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Finch: 2024 looks on course to set new records driven by a growing wave of schemes seeking buy-in and buyouts

Lane Clark & Peacock (LCP) has predicted two new entrants will join the bulk annuity market in 2024, either through acquisition of one of the nine existing bulk annuity providers, or as a new provider.

In a series of predictions for the year ahead, LCP the bulk annuity market is on track for another record-breaking year of buy-in and buyout transactions and prospective new entrants to the UK mark...

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