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...
Helen Morrissey looks at pension schemes' experience of investing in the property market during 2016 and asks what they can expect during 2017
The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.
There could be a case to suspend indexation for schemes which are underfunded and where sponsors are in stress, the government has said.
Willis Towers Watson (WTW) has launched a global marketplace in a bid to make the investment management industry more efficient and substantially cut scheme costs.