The Toshiba Pension and Assurance Scheme has completed a £170m deferred member buyout. Stephanie Baxter looks at the details of the deal.
At the beginning of this month, the trustee of the Toshiba Pension and Assurance Scheme announced that it had secured a full bulk annuity for its 1,350 members through Rothesay Life. The deal is unusual...
The Old British Steel Pension Scheme (OBSPS) has agreed a £2bn full buy-in with Pension Insurance Corporation (PIC), one step closer to exiting Pension Protection Fund (PPF) assessment.
Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.
Punter Southall has launched a defined benefit (DB) scheme consolidator in a bid to allow small schemes to cut their running costs, reduce risk and improve benefit security and governance.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.