Professional Pensions | 27 Oct 2014 | 13:45 |
The Monarch Airlines scheme will enter the Pension Protection Fund (PPF) after a restructuring which will see the lifeboat fund take a 10% stake in the scheme’s exiting sponsor.
Legal & General (L&G) has reinsured the longevity risk relating to £1.35bn of bulk annuity contracts with Prudential Retirement Insurance and Annuity Company (PRIAC).
Professional Pensions | 27 Oct 2014 | 13:04 |
The Research Machines scheme has entered into a £31m buy-in with Pension Insurance Corporation (PIC) to cover its pensioner members.
Professional Pensions | 23 Oct 2014 | 11:31 |
Panasonic has completed a deal with Rothesay Life to buyout its UK scheme using a deferred premium structure.
Professional Pensions | 22 Oct 2014 | 12:29 |
The Uniac Pension Fund, which provides benefits for Unilever workers seconded overseas, has agreed a £129m buy-in with Legal & General (L&G) to cover its pensioner members.
Professional Pensions | 21 Oct 2014 | 13:12 |
The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.
Professional Pensions | 16 Oct 2014 | 17:28 |
The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.
Professional Pensions | 16 Oct 2014 | 10:41 |
The Ofcom Staff Pension Plan has secured a £50m buy-in with Legal and General (L&G), covering approximately 30 pensioners and 320 deferred members.
Professional Pensions | 15 Oct 2014 | 11:56 |
LCP has added a buy-in pricing tracker to its online valuation tool which uses up-to-date information from the biggest insurers to help clients make de-risking decisions.
Professional Pensions | 15 Oct 2014 | 10:31 |
Just Retirement has completed its biggest bulk annuity deal to date, a £75m buy-in with an unnamed scheme.
Professional Pensions | 14 Oct 2014 | 16:54 |
Legal and General Investment Management (LGIM) has launched a fiduciary management service alongside a set of funds aimed at schemes targeting a buyout.
Professional Pensions | 13 Oct 2014 | 13:29 |
The Pension Protection Fund (PPF) has set its levy estimate for 2015/16 at £635m, 10% lower than this year’s total, and said there could be further reductions to come.
Professional Pensions | 06 Oct 2014 | 12:05 |
UK schemes have increased longevity assumptions by six months in the last three years, according to research from Mercer.
Professional Pensions | 29 Sep 2014 | 13:12 |
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