Professional Pensions | 30 Jan 2015 | 11:32
BT will pay £1.5bn into its defined benefit (DB) pension scheme by April to tackle a £7bn deficit as part of an agreed recovery plan with the trustees.
Rothesay Life has revealed it agreed a deal to hedge £300m of longevity risk in December, taking the value of benefits reinsured by the firm over the year to £2.8bn.
Professional Pensions | 15 Jan 2015 | 09:55 |
Engineering solutions provider Costain Group has taken further steps to manage obligations in its legacy defined benefit (DB) scheme.
Professional Pensions | 07 Jan 2015 | 12:43 |
The trustee of the Merchant Navy Officers Pension Fund (MNOPF) has hedged the longevity risk for £1.5bn of the scheme’s members.
Professional Pensions | 07 Jan 2015 | 11:04 |
The collective deficit of FTSE 350 defined benefit (DB) pension schemes increased 91% last year, according to research.
Professional Pensions | 06 Jan 2015 | 13:12 |
Deficits of workplace defined benefit schemes have risen by 66% since the end of 2013 as a result of plummeting bond yields, according to JLT Employee Benefits’ monthly index.
Professional Pensions | 02 Jan 2015 | 12:16 |
Rothesay Life has hedged the longevity risk relating to £1bn of its pension liabilities in a series of deals with Pacific Life Re.
Professional Pensions | 19 Dec 2014 | 11:46 |
Aviva answers key questions facing the bulk annuity market
Professional Pensions | 15 Dec 2014 | 12:02
Pension Insurance Corporation (PIC) has reinsured the longevity risk relating to £2bn of liabilities with Hannover Re and Reinsurance Group of America this year.
Professional Pensions | 15 Dec 2014 | 11:26 |
Towers Watson has launched an off-shore longevity hedging service to give medium-sized schemes direct access to the reinsurance market.
Professional Pensions | 11 Dec 2014 | 11:34 |
The MacDermid Canning Pension Scheme has bought out its 670-member scheme using Aon Hewitt’s implemented annuities service.
Professional Pensions | 10 Dec 2014 | 14:12 |
A methodology for assessing longevity basis risk developed by Hymans Robertson and Cass Business School will help bring index-based longevity swaps into the mainstream, say actuaries.
Professional Pensions | 09 Dec 2014 | 12:33 |
Partnership has completed a £206m buy-in covering high value members of a “multi-billion pound scheme” in the biggest medically underwritten bulk annuity deal to date.
Professional Pensions | 08 Dec 2014 | 12:41 |
Updating your subscription status
The best of our readers' ideas on how to structure defined ambition pensions
This paper is for those who are interested in keeping up to date with the latest pensions changes in more depth. Suitable for trustees, pensions specialists and in-house company pensions teams. It's an interactive document which means you can quickly jump to the information that interests you.
This survey looks at the experiences of 97 completed member option exercises, covering over 180,000 members. We also had input from four of the leading Independent Financial Adviser (IFA) firms who have shared their insight on the member experience based on the direct contact they have with members.
£in line with experience
£33,395 - £43,361pa
Send to a friend