From a mere trickle last year, the pension buyout sector in the UK has become a raging torrent of activity. Encouraged by falling prices, a flood of pension schemes have looked to offload liabilities to one of the many bulk purchase annuity (BPA) providers now active in the UK market. So strong has been demand that some providers say they risk getting swept away by the number of pricing requests, while analysts question the sustainability of business at current levels.
A stream of new start-u
The week on Risk.net, July 7-13, 2018Receive this by email