DB schemes seeking risk transfer to insurers increases by over 50%: LCP
Reinsurance News - Nov 08, 2023
A recent analysis from LCP has highlighted that the number of UK private sector defined benefit (DB) schemes fully funded on buy-out has expanded to 20%, equating to 1,000 schemes, and c£275 billion of assets out of the £1,400 billion total in UK DB schemes. According to the firm, this has led to a...
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