Data cleansing is an increasingly important step in the path to bulk annuities especially with growth in medical underwriting. Kristian Brunt Seymour explores how it can benefit schemes.
At a glance: Insurers' appetite for more accurate data has increased Trustees should understand data and how insurers might view it Scheme records should be kept up-to-date over a longer period...
The Aberdeen City Council Transport Fund has agreed a £230m buy-in with Rothesay in the insurer’s first deal with a Local Government Pension Scheme (LGPS) fund.
The Legal & General (L&G) Group UK Senior Pension Scheme has agreed an assured payment policy (APP) deal with its insurer sponsor.
The defined benefit (DB) scheme of Evonik Holdings UK has agreed a £544m full buy-in with Legal & General (L&G) Assurance Society.
Pension risk transfer volumes this year will look similar to those in 2020 as market volatility creates opportunities for schemes able to act fast, according to Willis Towers Watson.
The Pension Schemes Bill has been scheduled for ping-pong, its penultimate step before becoming law.