Rothesay Life has refinanced £100m of debt with MassMutual, a US mutual life insurer.

The Financial Services Authority's probe into the annuity market is long overdue and could be a welcome addition to the drive to ‘reinvigorate workplace pensions'.

Swansea Council "unlawfully" transferred £20m from its pension scheme to balance its books when changing banks, according to the Wales Audit Office.

The government has begun to sell off former assets of the Royal Mail Pension Plan with the sale of £400m of properties to the Santander Pension Scheme.

Punter Southall Group has bought out its minority shareholder after acquiring the 21.6% stake in the firm owned by South African financial services group, Sanlam.

Trustees are taking out increasing volumes of liability insurance as they face a growing number of claims relating to inaccurate data says the Occupational Pensions Defence Union.

Partnership has completed two medically underwritten buy-ins in a development academics say could kick-start a £380bn market.

The SR Technics UK scheme has avoided entering the Pension Protection Fund after it was cut adrift of its sponsoring employer as part of a corporate restructuring.

Most small companies do not believe fewer, larger pension schemes will result in better value for money for savers, says the Association of Consulting Actuaries.

Plans to give The Pensions Regulator a statutory responsibility to consider the affordability of recovery plans for sponsoring employers will make little difference, says the watchdog's chairman.