Risk reduction

Increasing insurer competition helps schemes offload record liabilities

Professional Pensions | 18 Nov 2014 | 14:01 | To read this article you must be a subsriber

The UK bulk annuity market exceeded £8.5bn in the first three quarters of 2014, making this year already the busiest on record, according to figures published today.

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cash-corporate-hand-china

PPF to sell stake in UK Coal property business in £150m deal

Coalfield Resources has reached an agreement with the Pension Protection Fund (PPF) to acquire the lifeboat fund’s 75.1% share in Harworth Estates Property.

Professional Pensions | 18 Nov 2014 | 13:15 | To read this article you must be a subsriber

avivalogo2

Industry Voice: Medical underwriting - is the BPA world catching the bug?

Aviva looks at how trustees can assess the benefits of medical underwriting in bulk annuities.

Professional Pensions | 18 Nov 2014 | 12:15

Risk Reduction Articles

piles-of-pounds

Exclusive: Hymans launches LGPS monthly valuation tool

Hymans Robertson has launched a monthly asset valuation tool for local government pension schemes (LGPS) that could save them up to 50% on valuation fees.

Professional Pensions | 17 Nov 2014 | 13:31 | To read this article you must be a subsriber

watkins-emma-2011-metlife

Makro scheme secures full scheme buy-in with Rothesay

The Makro Staff Pension Scheme has agreed a £185m buy-in with Rothesay Life to insure the benefits of all its members.

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

Oil rig

CTL Engineering secures ‘same day’ buyout

CTL Engineering has secured a buyout of its pension scheme that has allowed the manufacturing firm to be sold.

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

A hand extended holding a bag of pounds - illustration

Tate & Lyle links contingent funding to covenant and investment performance

Tate & Lyle Group Pension Scheme has agreed contingent funding arrangements that will trigger payments to the scheme if investments perform poorly or the employer covenant is weakened.

Professional Pensions | 06 Nov 2014 | 13:17 | To read this article you must be a subsriber

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L&G buy-in gains 'more than offset' individual annuity losses

Legal & General (L&G) has reported record bulk annuity numbers which it said had “more than offset” a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.

Professional Pensions | 04 Nov 2014 | 11:34 | To read this article you must be a subsriber

belok-paul-aon

Aon Minet scheme secures third buy-in

The Aon Minet Pension Scheme has secured a third pensioner buy-in in five years, entering into a £210m deal with Pension Insurance Corporation (PIC).

Professional Pensions | 03 Nov 2014 | 13:26 | To read this article you must be a subsriber

Gatwick Airport planes taking off

Monarch scheme to enter PPF after restructuring

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.

Professional Pensions | 27 Oct 2014 | 13:45 | To read this article you must be a subsriber

Taking a risk with dice

L&G reinsures £1.35bn of longevity risk

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 | To read this article you must be a subsriber

Taking a risk with dice

Research Machines completes buy-in with PIC

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 | To read this article you must be a subsriber

two businesspeople shaking hands

Panasonic completes buyout of UK scheme

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 | 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.

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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.

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