Gilt-holding schemes have edge over bulk annuity providers - report
Sky high gilt prices at the start of 2012 have increased the attractiveness of bulk annuities for schemes holding gilts, a survey says.
A study by Towers Watson shows bulk annuity prices failed to keep pace with gilt prices in the second half of 2011 and into this year, giving schemes the chance to de-risk at an attractive price. Towers...
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