Aon says significant pipeline of transactions is building across the market
Aon says insurers’ results show ‘ample headroom’ to support new business volumes
Half of schemes are targeting buyout, with around £50bn in deals expected by end of year
Events of last year will continue to feed through to the market, says Aon
Rothesay has concluded a £120m buy-in with the West Ferry Printers Pension Scheme, covering all remaining pensioner and deferred liabilities.
After a bumper year, insurers are now facing a slower and smaller pipeline as schemes grapple with Covid-19, writes James Phillips.
The National Grid UK Pension Scheme has agreed its second buy-in this year, transferring £1.6bn of pension risk to Legal & General (L&G).
Rothesay Life has agreed the UK’s largest ever bulk annuity deal to date – a £4.7bn buyout of the GEC 1972 Plan, making 2019 officially a record-breaking year.
Following Rolls-Royce's record buyout earlier this month, James Phillips speaks to some of the key players about the process.