Investment

Legal and General (L&G) has completed its first medically underwritten bulk annuity deal with a £230m transaction with an unnamed scheme

Companies with defined benefit (DB) schemes are considering closing them due to changes in tax allowances made in the 2015 Budget according to research from PwC.

Inchcape has wound up the TKM Group scheme through a buyout with Aviva that covers £300m of pension liabilities.

Allan Course says it is time to take a new approach to DC communications

PP finds out why the scheme is looking to the Netherlands for help

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on how communications to scheme members could be improved.

A group of local government pension funds in the Midlands have launched plans to set up a multi-asset investment pool to meet the government's plans to cut costs.

The local government pension scheme's (LGPS) reported investment costs have increased to £748m and charges per member have more than doubled in six years, according to a report.

The £150m Institution of Engineering and Technology ("IET") Superannuation and Assurance Scheme has completed a £32m medically underwritten buy-in.

The Federal Reserve's landmark decision to raise interest rates for the first time in almost a decade paves the way for the UK to follow suit. PP looks at what could be in store for schemes.