 |
|
 |  |  |  |
According to research by Barnett Waddingham, a leading pension consultant, UK insurers completed bulk annuity transactions totalling around £800m in Quarter 1 2015 in what was a quiet start to the year. In comparison, Quarter 4 of 2014 saw transactions worth nearly £4.7bn. |
Legal & General transacted the greatest value of business in Q1 with transactions worth £644m completed. Just Retirement were second completing transactions worth £93m. Overall, the value of business completed was the lowest in a quarter since Q1 of 2012. Mark Paxton, Senior Bulk Annuity Consultant said: “Quarter 1 is traditionally a quiet time for the bulk annuity market - 2014 was an exception in this regard. In addition, market conditions in Q1 meant that pricing was expensive which may have put many schemes off.”
“However, early signs are that Q2 is looking much better for business. Rothesay Life have announced a significant transaction worth £675m already with the Lehman Brothers Pension Scheme. We are also expecting Scottish Widows to enter the market shortly which will provide increased competition.” |
|
|
|
| Lead Personal Lines Analyst | ||
| London / South Coast / hybrid - Negotiable | ||
| Strategic Pricing | ||
| London / Hybrid - Negotiable | ||
| Senior Pricing Analyst - Personal Lines | ||
| South Coast / hybrid - Negotiable | ||
| Business Development in Investment | ||
| London / hybrid (3 dpw office-based) - Negotiable | ||
| Financial Lines Pricing Manager | ||
| London / hybrid - Negotiable | ||
| Commercial Lines Pricing | ||
| London / South Coast - Negotiable | ||
| Head of Portfolio Management | ||
| London - £200,000 Per Annum | ||
| Investment Manager (FIA or CFA) | ||
| Flex / hybrid - Negotiable | ||
| Head of Actuarial Reporting (Life) | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| CONTRACT: London Market Capital Actuary | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Portfolio Manager | ||
| Hybrid - Negotiable | ||
| Pricing Assurance Manager | ||
| London - £145,000 Per Annum | ||
| Actuarial Director with BD and CatMod... | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Pensions data expert: buy-out/residua... | ||
| Any UK Office location / Hybrid 2dpw office-based - Negotiable | ||
| Senior Portfolio Manager | ||
| London - £150,000 Per Annum | ||
| Senior Pensions Trustee Actuarial Con... | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Shape the future of the pensions in... | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Challenge the pensions industry! | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Actuarial Pricing Manager - Non-life | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Senior Pricing Actuary | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
