Pension schemes conducted a total of £900m of buy-in and buyout deals over the first three months of the year, latest Hymans Robertson data reveals.
The consultant said the average size of individual deals fell by 50% to £20m, compared to some £30m for 2008. And it said there were only three deals in excess of £100m. Legal & General led the field...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.