Legal & General has completed a £1.1bn pension buyout for the Vickers Group Pension Scheme which is part of the Rolls-Royce Group.
The deal, which is the largest buyout of 2016 to date, covers over 11,000 members. Legal & General worked with the trustees and scheme adviser Mercer to complete the deal. Rolls Royce head of pensions...
The Consumer Price Index (CPI) rose to 1.6% in December on the back of falls in sterling following the Brexit vote, its highest level in two years.
This week we want to know what is the hardest type of pension fraud to stop and what action would best tackle it.
Punter Southall has promoted Guy Plater, Martin Hunter and Mark Poyner to principal after demand for its actuarial and investment consulting grew.
Zurich has completed a £300m longevity hedge swap with an undisclosed pension scheme of a small firm, marking its fifth such deal in 13 months.