DB schemes seeking insurer quotes jump more than 50%, LCP finds
By IAN Editorial Desk
16 October 2023·Updated 26 September 2026·1 min read
Primary source: lcp.com
LCP's report finds 20% of UK private-sector DB schemes were fully funded on a buyout basis.
LCP's latest de-risking report, published on 16 October 2023, found a more than 50% year-on-year increase in the number of schemes approaching insurers for buy-in or buy-out quotations. The consultancy said 20% of UK private-sector DB schemes, equating to 1,000 schemes and around £275bn of assets out of a £1,400bn total, were fully funded on a buyout basis.
LCP said…
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