trending Market Intelligence /marketintelligence/en/news-insights/trending/2FZu9C-7bcOy4l-VSqzV9Q2 content esgSubNav
In This List

UK bulk annuities transactions to exceed £10B in 2017, report says

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy

Blog

Commercial Banking Newsletter June Edition - 2022


UK bulk annuities transactions to exceed £10B in 2017, report says

The U.K. bulk annuities market is likely to see transactions worth more than £10 billion for the third year in a row in 2017, according to a report from consultancy Hymans Robertson.

The market has already seen transactions worth nearly £5 billion in the first half. Demand from pension schemes is likely to rise over the medium term, Hymans Robertson's analysis shows.

Though volumes for 2017 have remained high, some insurers did not meet sales targets for bulk annuities in the first half, and their appetite will be stronger than normal in the second half, the report noted.

"Demand from pension schemes looking to de-risk is evident," Andrew Durkie of Scottish Widows was quoted as saying.