How is the bulk annuity market changing?

Published by Rosie Fantom on

Bulk annuities are becoming widely talked about topics, as schemes are discovering there is more opportunities to do transactions.

Pension schemes in particular, are looking to complete these types of transactions to show insurers they are ready to transact. Now in such high demand, insurers are having to promptly change their processes. Schemes need to look good as far as insurers are concerned, with insurers accessing quotations and look at whether the scheme is going to transact and whether it’s a good opportunity for them to invest.