Risk reduction

Schemes warned against betting on slowing longevity improvements

Professional Pensions | 12 Aug 2014 | 13:13 | To read this article you must be a subsriber

A sharp decrease in mortality rates in the first half of the year has highlighted the dangers of assuming that longevity improvements will plateau, says Hymans Robertson.

dealing cards
tortoise-longevity

Rothesay reinsures longevity risk of 20,000 members

Rothesay Life has secured a longevity swap with US reinsurer Prudential to cover the members of 93 schemes it has insured.

Professional Pensions | 12 Aug 2014 | 12:19 | To read this article you must be a subsriber

reducerisk

What's on offer in the bulk annuity market

Jack Jones looks at the options that are open to schemes looking to transfer risk to insurers.

Professional Pensions | 11 Aug 2014 | 12:58 | To read this article you must be a subsriber

Risk Reduction Articles

coal-machinery-australia

PPF completes transfer of UK Coal assets

The Pension Protection Fund (PPF) has completed the transfer of assets held by the UK Coal pension scheme after the company collapsed following a failed restructuring.

Professional Pensions | 08 Aug 2014 | 13:11 | To read this article you must be a subsriber

The Isles of Scilly is one of the remotest areas of the UK and will be served by broadband from an undersea cable managed by BT

Miki Travel scheme secures £45m buyout

The trustees of the Miki Travel Limited Pension & Assurance Scheme have secured a buyout with Pension Insurance Corporation (PIC).

Professional Pensions | 06 Aug 2014 | 13:56 | To read this article you must be a subsriber

Gatwick Airport planes taking off

BBA Aviation sets up asset-backed contribution arrangement

BBA Aviation has introduced an asset-backed funding scheme to replace deficit contributions to its UK defined benefit (DB) scheme, following the firm’s sale of a subsidiary.

Professional Pensions | 05 Aug 2014 | 13:40 | To read this article you must be a subsriber

contract-draft

Aon and Eversheds offer fixed-fee bulk annuity service

Aon Hewitt and Eversheds have launched a fixed-fee service to make completing a buy-in or buyout cheaper and quicker.

Professional Pensions | 28 Jul 2014 | 11:27 | To read this article you must be a subsriber

Philips headquarters

Philips scheme completes second buy-in

The Philips Pension Fund has insured a further £300m of pensioner liabilities following on from a £484m buy-in it completed last year.

Professional Pensions | 25 Jul 2014 | 11:22 | To read this article you must be a subsriber

qualifications-school

LPFA explores sector-wide covenant checks

The London Pension Fund Authority (LPFA) is looking to implement sector-wide covenant checks for colleges and universities, charities and housing associations.

Professional Pensions | 23 Jul 2014 | 13:39 | To read this article you must be a subsriber

Longevity swaps

Mercer and Zurich launch longevity hedge offer for smaller schemes

Mercer has teamed up with Zurich to launch a longevity hedging product for smaller and mid-sized defined benefit pension schemes.

Professional Pensions | 14 Jul 2014 | 12:02 | To read this article you must be a subsriber

hanjin-shipping-hahn-korea

MNOPF finalises £1.3bn buyout

The Merchant Navy Officers Pension Fund (MNOPF) has tied up a £1.3bn buyout of its old section that includes a one-off discretionary increase for all members.

Professional Pensions | 10 Jul 2014 | 11:54 | To read this article you must be a subsriber

London skyline with BT Tower

BT’s £16bn longevity swap opens the door for more mega deals

Jack Jones looks at the implications of BT’s record-breaking risk transfer exercise.

Professional Pensions | 08 Jul 2014 | 13:12 | To read this article you must be a subsriber

Long-term incentive

Longevity swaps - The ten biggest

The BT longevity swap smashed previous records. Here are the ten biggest so far:

Professional Pensions | 04 Jul 2014 | 11:59 | To read this article you must be a subsriber

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Pensions library

a-guide-to-pensions-stability-cover-page

A guide to Pensions Stability

 

This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.

joint-institute-pensions-survey-2014-imageset

Joint institute pensions survey 2014

 

This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

Job of the week

Events

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Workplace Savings and Benefits Awards

11 Sep 2014

London, UK

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Defined Contribution Conference 2014

17 Sep 2014

London, UK