Aon Hewitt has combined its liability management and risk settlement teams in response to increased pension scheme demand to accelerate their journey to buyout.
Floor coverings manufacturer AIREA has cut its defined benefit (DB) scheme deficit after completing a pension increase exchange (PIE) exercise.
Deferred members dominate the DB universe but the high cost of insuring them makes bulk annuities out of reach for many schemes, even more so since the introduction of Solvency II. Kristian Brunt-Seymour explores what schemes can do.
Having a DB scheme can be a major factor in any potential acquisition. Mike Ramsey looks at how the risks associated with DB can be minimised
Defined benefit members are taking advantage of the flexibilities through a number of ways according to research.
Centrica initiated a pension increase exchange (PIE) exercise across its defined benefit (DB) pension schemes in 2014.
The Association of Member Nominated Trustees (AMNT) is holding its fourth annual general meeting (AGM) and conference on 25 February.
Top stories on PP this week have included a potential £2bn windfall for sponsors, a complex £2.5bn buyout, a government U-turn on freedom and choice and calls for a drawdown fee cap. Here's what you might have missed.
The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.
UK schemes have increased longevity assumptions by six months in the last three years, according to research from Mercer.