Just Retirement has completed a £36.5m medically underwritten buy-in with a shipping firm and says it is on target to write £80m of bulk annuity business in the year to June.

Almost half of Buzz respondents said letting defined contribution (DC) savers take their pots in cash would undermine plans to introduce collective DC.

Almost half of respondents thought that getting rid of compulsory annuitisation would increase the threat of liberation fraud. Just over a third rejected the idea, however, and many claimed that the move had legalised liberation.

Buzz respondents were split on the question of whether DB members would lose out if they were banned from transferring to DC. Some commentators said DB members would suffer if their options were restricted, while others pointed out that they were still...

There was no consensus on who should foot the bill for the "free face-to-face guidance" that will be provided once compulsory annuitisation is scrapped. The most popular option, however, was for the cost to fall directly on members.

The industry has given a cautious thumbs up to the sweeping changes to the pension system introduced in last month's Budget. Four out of ten Buzz respondents said retirees were likely to benefit from the changes while just under a quarter said savers...

JLT Employee Benefits has won the contract to provide administration services to auto-enrolment master trust Now Pensions.

Allianz Global Investors is putting together a team to enter the UK fiduciary management market.

Jack Jones looks at the content of the EC's updated pensions directive.

The Pension Protection Fund (PPF) could end up facing a multi-million pound loss from UK Coal after the firm revealed it is in need of a bailout to avoid collapse.