04 July 2008
An article in Professional Pensions has revealed that two-thirds
of scheme managers believe that buy out strategies will become the
main choice for schemes over the next 5 years.
Pension Corporation, a buyout specialist, recently commented
that the buyout market would hit £10bn this year.
Legal and General is the other big player in the buyout market.
L&G's managing director of annuities, Simon Gadd, said: "The
buyout market has never been busier, there's probably £20bn
worth of buyouts by value being tendered for at the moment."
The survey can be found in the latest issue.
