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The Society of Pension Professionals (SPP) this week held an event for pension professionals to gain practical advice on preparing for Bulk Annuity transactions. Over 200 attendees were asked what proportion of their schemes they expected to complete a bulk annuity transaction over the next 5 years. |
54% said that around half would do so and a further 15% said that more than three quarters of their schemes would do so.
Around a third (31%) of participants said that only a minority of their schemes would do so. |
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