Royal London to enter UK buyout market
Firm joins Utmost Group in planning to tap market this year
Royal London is planning to enter the UK’s booming buyout market by the end of the year, as a record number of pension schemes offload risk to insurers.
The firm will bring the total number of life insurers active in the UK buyout market to nine. It joins the likes of Legal & General, Phoenix Group and Rothesay Life in taking on pension scheme risk in exchange for a premium payment.
Royal London, which has around £150 billion ($189.8 billion) in assets under management, is already in talks to
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