The Surrey firm completed 56 pensions de-risking deals, worth £2.6bn, successfully profiting on the pension's buyout boom.
Shares closed up nine per cent. Company chief
Higher interest rates over the previous year have improved pension scheme funding levels, in a shift that has let them pass liability over to specialist insurers through bulk annuity deals.
This has in turn driven a boom in pensions buy-out deals that analysts have said could see £200bn worth of bulk purchase annuity deals over the next three years.
Earlier this month,
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