Filed Under:Annuities, Fixed Indexed

More players to enter UK bulk annuities market under new pension system

More UK insurers may focus on the bulk annuities market if they expect to write fewer individual annuities under the new pensions regime announced in the recent budget, according to Towers Watson.

The firm's latest research into the bulk annuity market shows 2013 was dominated by three big players, with one insurer writing half of the total premiums.

Originally published on BenefitsPro. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

Nichole Morford
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