Buy-in and buy-out volumes reach £27.9 billion in 2022

Total pension scheme buy-in and buy-out volumes reached £27.9 billion in 2022 according to latest research from Hymans Robertson. Demand for transactions continued to gather pace during 2022 with market volatility resulting in a busy second half of the year and the total number of 2022 transactions was at the highest level for nearly 10 years. Had interest rates been comparable to prior years, then 2022 would have been “close to a record year” for the market, potentially beating the £43.8bn record set in 2019.