Bulk Annuity Market: has there been a reduction in volume?

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​It has been widely reported that bulk annuity market  volumes have been materially lower this year. There  is a correlation in the bulk annuity market between volumes written and the price at which business is written. If volumes have been low, this should mean that the insurers are all very keen for new business resulting in attractive prices. Punter Southall talks to the insurers to establish:

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