Risk reduction

LPFA explores sector-wide covenant checks

Professional Pensions | 23 Jul 2014 | 13:39

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

qualifications-school
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

Risk Reduction Articles

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

david-collinson

PIC raises £300m to target multi-billion pound deals

Pension Insurance Corporation (PIC) has secured £300m of new capital to grow its business by targeting multi-billion pound buy-ins and buyouts.

Professional Pensions | 02 Jul 2014 | 12:54 | To read this article you must be a subsriber

hand-ticking

Employers welcome security of PIE code of practice

Employers believe the Code of Good Practice attached to Pension Incentive Exercises (PIEs) has improved the reputation of such moves but reduced take-up rates, government research finds.

Professional Pensions | 16 Jun 2014 | 12:15 | To read this article you must be a subsriber

Arrow Chart

UK LDI market tops half a trillion pounds

The UK liability-driven investment (LDI) market reached £517bn of liabilities hedged by the end of 2013 and has continued to expand this year, research finds.

Professional Pensions | 16 Jun 2014 | 12:10 | To read this article you must be a subsriber

lynda-whitney

Blue chip firm posts surety bond in ‘innovative’ funding deal

A FTSE100 firm has become the first company to use a surety bond as part of its scheme funding strategy after securing a £400m transaction, says Aon Hewitt.

Professional Pensions | 09 Jun 2014 | 13:35 | To read this article you must be a subsriber

Petrol station yellow and green petrol pumps

Total scheme secures £1.6bn buy-in

The Total UK Pension Plan has insured £1.6bn of pensioner liabilities with Pension Insurance Corporation (PIC) in the second largest UK bulk annuity transaction to date.

Professional Pensions | 09 Jun 2014 | 08:40 | To read this article you must be a subsriber

white-payphone

Kcom extends asset-backed partnership with secured loan

Kcom has transferred a £16m secured loan to an asset-backed contribution arrangement (ABC) set up to fund its scheme.

Professional Pensions | 06 Jun 2014 | 13:08 | To read this article you must be a subsriber

Sainsburys store front

Sainsbury's boosts ABC with £103m of property

Sainsbury’s has added two further properties with a value of £103m to a partnership set up to fund the J Sainsbury Pension Scheme.

Professional Pensions | 05 Jun 2014 | 13:29 | To read this article you must be a subsriber

martin-clark-ppf

How the latest rule changes will affect schemes' PPF levies

Jack Jones looks at the latest alterations to the way levies are calculated

Professional Pensions | 03 Jun 2014 | 13:08 | 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