UK’s £1.1tn yields-boosted DB pensions should aid Aviva, L&G and Phoenix: Bloomberg Intelligence
Reinsurance News - Sep 03, 2024
The £1.1 trillion of UK defined-benefit (DB) pensions, boosted by yields, should benefit Aviva, Legal & General and Phoenix, which help firms offload pension obligations viewed as an unwelcome liability, Bloomberg Intelligence (BI) believes. Thanks to a sustained rise in AA corporate-bond yields...
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