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Buy-ins and
buy-outs hit new record

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Today’s announcement by telent of a £4.7bn full buy-out with Rothesay Life follows the recent announcements of a £3.4bn deferred and pensioner buy-in by British American Tobacco and a £930m full buy-in by Tate & Lyle. This takes buy-in and buy-out volumes for the year to date to a new record.

Charlie Finch, Partner at LCP , commented: “2019 is proving to be a runaway year with volumes of buy-ins and buy-outs to date already exceeding the £24.2bn completed over 2018. We expect this momentum to continue with further transactions to follow over the next few months.”

Are we at the tipping point?

Are we at the tipping point?

Pensions de-risking report

With the market at a tipping point, the key question is whether pension plan demand could outstrip the available insurance capacity for the first time in 2019.

Download the 2019 report