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.
The "named life" deal advised by Mercer reinsured 80% of the longevity hedge through SCOR, while Zurich retained 20%. It means that Zurich has now helped small firms de-risk more than £1bn of pension...
As the government's review into AE kicks off, how should the policy progress post-staging? James Phillips explores the industry view
David Brooks says consolidation is not the only option for DB schemes
This week's top stories include a Treasury letter confirming no changes to pensions tax relief in the near future, and Frank Field questioning the level of benefits promised to BHS members.
Catherine Howarth looks at what issues the auto-enrolment consultation should focus on