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Britain's Companies Are Turning To A Key Way To Tackle The £400B Pension Problem

by businessinsider.com.au posted 1year ago 1047 views
<p>2017 could see a boom in companies getting rid of ballooning pension deficits by paying insurers to take on the plans.</p> <p>The Financial&nbsp;Times reports&nbsp;that Willis Towers Watson, a leading insurance broker, expects pension &ldquo;buyouts&rdquo; to rise to as much as &pound;30 billion ($36.8 billion) in 2017, up from &pound;11 billion in 2016.</p>