Small schemes were 'driving force' behind record bulk annuity year

LCP said 2023 growth was ‘almost entirely’ driven by deals under £10m

Holly Roach
clock • 2 min read
Small schemes were 'driving force' behind record bulk annuity year

Small schemes were the “driving force” behind last year’s record bulk annuity activity, Lane Clark & Peacock (LCP) has said.

2023 saw a record 226 buy-in and buyout transactions, with LCP noting last year's growth was "almost entirely" driven by deals under £10m. The consultancy also revealed the number of transaction...

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