Bulk annuities

Consultancy says pension spending has ‘conclusively’ shifted away from DB

Are trustees of schemes between £100m and £1bn getting everything they need in this market?

LCP also called for insurers to make further improvements

£60bn of bulk annuity transactions and £20bn of longevity swaps excepted this year

Steve Hitchiner says it remains to be seen whether DB superfunds will be a mass market solution