The Sportech Pension Scheme has entered into an agreement with Just Group for a £2.5m buy-in ahead of a planned buyout.
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
Defined benefit (DB) schemes mimicking typical insurer fixed income portfolios are failing to use their greater regulatory freedoms to maximise returns with higher risk, JP Morgan Asset Management says.
Lane Clark and Peacock (LCP) achieved a record total revenue of £114.9m in the 2018/19 financial year, partly helped by a 15.5% growth in revenues from its defined contribution (DC) business.
Pension schemes have been warned they may now face a more challenging legal test if they wish to fix drafting errors.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Aegon's master trust now manages over £1bn in savers' assets as its overall European life business continues to grow.
M&G Prudential has announced it will rebrand and list its shares as M&G later this year.
The Hitachi Data Systems Retirement Benefits Plan has agreed a buy-in with Legal & General (L&G) Assurance Society, covering both defined benefit (DB) and defined contribution (DC) provision.
Defined benefit (DB) scheme trustees are spending too much time focusing on how well funded their schemes are, River and Mercantile Derivatives says.
Funds in LGPS Central will be given additional assistance to assist collection and analysis of investment costs after the pool partnered with KAS Bank.
The Cadbury Mondelēz Pension Fund has agreed a £520m buy-in with Rothesay Life, insuring benefits for around 1,900 pensioner members.
PP has compiled a list of what to watch out for over the coming months.
Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.
Phoenix Life has completed a £1.1bn buy-in with its own defined benefit (DB) plan, the PGL Pension Scheme, it has announced.
Legal & General (L&G) completed £6.3bn of buy-ins and buyouts in the first six months of the year, with another £923m deal completed in July, the firm's half year results confirm.
The HSBC Bank (UK) Pension Scheme has hedged its longevity risk with Prudential Insurance Company of America (PICA) in the second-largest ever deal of its type.
Guy Opperman will remain in post as pensions and financial inclusion minister, it has been confirmed.
More than three-quarters of pensions and restructuring lawyers believe the regulator's 'clearer, quicker, tougher' approach is having an impact on their clients, a PwC survey reveals.
Amber Rudd has not been moved out of her job as secretary of state for work and pensions amid concerns the pensions industry could have had its seventh politician in that office since the 2015 general election.
Law Debenture has reported £5.1m in pensions revenue during the first half of this year, 9.3% higher than the £4.6m recorded in the same period last year.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Pension fund trustees believe their boards are considerably lacking in age and ethnic diversity, a Baker McKenzie survey has found.
The Pensions Regulator (TPR) almost issued a warning notice against one of the firms involved in the Railways Pension Scheme (RPS) as sections of the scheme were placed on watch in 2016.