Pension buy outs slow down

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Aon Consulting are suggesting that throughout 2009, the Pension buy out market is likely to slow considerably; definitely not the only market in difficulty.
2008 was a good year for the pension buy out market, where both the value of deals and the actual number of deals saw a huge increase, something that is likely to swap around for 2009.

Pension buy outs slow down

The U.K. pension buyout market will slow this year despite record growth in 2008, according to an analysis by Aon Consulting.
The burgeoning bulk annuities market rose in terms of both the value and number of deals in 2008, with 273 deals worth £8.2 billion ($12.1 billion), up from 259 deals worth £2.8 billion in 2007.