• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • Spotlights
  • Digital Edition
  • PPTV
  • Newsletters
  • Sign in
  •  
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
  • Events
    • Upcoming events
      event logo
      Investment Conference

      This two part Investment Conference will bring you the latest updates from economists, asset managers and pension consultants. We will be taking a look at the outlook for the 2021 economy, alternatives, cashflow strategies and global equity markets to name a few, assessing how they fared through the volatility and what we can expect for the year ahead.

      • Date: 29 Jan 2021
      • Digital Conference
      event logo
      Webinar: What to put on your GMP Equalisation project roadmap for 2021

      This webinar will bring together views from actuaries, lawyers, administrators, trustees and data experts to look at the pragmatic, collaborative solutions that are open to schemes to solve the GMP equalisation challenges in 2021. It will assess the individual challenges schemes face with equalisations and provide some practical options that are available to resolve these issues.

      • Date: 02 Feb 2021
      • Webinar
      event logo
      Webinar: Will the world return to normal in 2021?

      In this webinar, PP editor Jonathan Stapleton will be joined by BMO’s chief economist Steven Bell and director of fiduciary management, Christy Jesudasan, alongside PTL trustee director Melanie Cusack and Isio’s head of fiduciary management oversight Paula Champion to discuss the significant impact of these themes on the pensions sector.

      • Date: 04 Feb 2021
      • Webinar
      event logo
      Webinar: Investing for the transition to net-zero

      Pension schemes are now facing increasing government, regulatory, and member demand to manage the financial risks associated with the anthropogenic consequences of the environmental crisis. But how best to manage this transition to net-zero? And, in the rush to invest in carbon friendly assets, are investors potentially missing out on potential returns generated by the transition theme, investing in assets that may not be carbon neutral but have the potential to significantly improve their environmental credentials over time. This webinar will discuss at the transition theme, look at the opportunity set available and ask how this can help schemes achieve superior returns while moving towards a net-zero portfolio.

      • Date: 11 Feb 2021
      • Webinar
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up

  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • Spotlights
  • Digital Edition
Professional Pensions
Professional Pensions
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in

Risk Reduction

Aberdeen transport fund completes £230m LGPS buy-in with Rothesay
Aberdeen transport fund completes £230m LGPS buy-in with Rothesay

The Aberdeen City Council Transport Fund has agreed a £230m buy-in with Rothesay in the insurer’s first deal with a Local Government Pension Scheme (LGPS) fund.

  • Risk Reduction
  • 27 January 2021
L&G agrees £400m deal with own scheme
L&G agrees £400m deal with own scheme

The Legal & General (L&G) Group UK Senior Pension Scheme has agreed an assured payment policy (APP) deal with its insurer sponsor.

  • Risk Reduction
  • 26 January 2021
Evonik scheme completes £544m full buy-in with L&G
Evonik scheme completes £544m full buy-in with L&G

The defined benefit (DB) scheme of Evonik Holdings UK has agreed a £544m full buy-in with Legal & General (L&G) Assurance Society.

  • Risk Reduction
  • 19 January 2021
Exclusive: Market volatility to spur £30bn of buy-ins and buyouts in 2021
Exclusive: Market volatility to spur £30bn of buy-ins and buyouts in 2021

Pension risk transfer volumes this year will look similar to those in 2020 as market volatility creates opportunities for schemes able to act fast, according to Willis Towers Watson.

  • Risk Reduction
  • 19 January 2021
Pension Schemes Bill set for final debate next week
Pension Schemes Bill set for final debate next week

The Pension Schemes Bill has been scheduled for ping-pong, its penultimate step before becoming law.

  • Risk Reduction
  • 15 January 2021
Marie Curie completes £30m buy-in with L&G in first 2021 deal
Marie Curie completes £30m buy-in with L&G in first 2021 deal

The Marie Curie defined benefit (DB) scheme has entered into a circa £30m full scheme buy-in agreement with Legal & General (L&G) Assurance Society.

  • Risk Reduction
  • 14 January 2021
MetLife reinsures $2bn of Legal & General pension risk
MetLife reinsures $2bn of Legal & General pension risk

Metropolitan Tower Life Insurance Company has announced it completed four longevity reinsurance transactions with Legal & General (L&G) Assurance Society last year.

  • Risk Reduction
  • 12 January 2021
Navigating covenant and ESG in 2021 - what does the environment look like?
Navigating covenant and ESG in 2021 - what does the environment look like?

Michael Bushnell looks at the continuing impact of the pandemic on employer covenant and ESG risks, and how schemes can plan ahead.

  • Risk Reduction
  • 08 January 2021
Buy-in and buyout volumes to reach £30-£40bn in 2021; Superfund 'floodgate' may open
Buy-in and buyout volumes to reach £30-£40bn in 2021; Superfund 'floodgate' may open

Between £30bn and £40bn of pension risk is expected to be transferred to insurers via buy-ins and buyouts this year, Aon says.

  • Risk Reduction
  • 04 January 2021
Updated: The biggest buy-ins and buyouts announced since 2007
Updated: The biggest buy-ins and buyouts announced since 2007

There have now been a total of over 50 buy-in and buyout deals of over £500m announced since 2007. The full list is as follows...

  • Risk Reduction
  • 30 December 2020
Maersk agrees £1.1bn buy-in with L&G
Maersk agrees £1.1bn buy-in with L&G

The Maersk Retirement Benefit Scheme has agreed a £1.1bn buy-in with Legal & General (L&G) Assurance Society, protecting benefits for around 4,900 members.

  • Risk Reduction
  • 16 December 2020
BBC agrees £3bn longevity swap while Aon scheme completes £510m buy-in
BBC agrees £3bn longevity swap while Aon scheme completes £510m buy-in

The BBC Pension Scheme has completed a £3bn longevity swap deal with Zurich and Canada Life Reinsurance, covering the risk of pensioner and dependent members.

  • Risk Reduction
  • 15 December 2020
Aon agrees £510m buy-in with Scottish Widows
Aon agrees £510m buy-in with Scottish Widows

The Aon Retirement Plan has completed a £510m pensioner buy-in with Scottish Widows, insuring members in the Aon Bain Hogg Pension Scheme section.

  • Risk Reduction
  • 15 December 2020
BBC enters £3bn longevity swap with Zurich and Canada Life
BBC enters £3bn longevity swap with Zurich and Canada Life

The BBC Pension Scheme has completed a £3bn longevity swap deal with Zurich and Canada Life Reinsurance, covering the risk of pensioner and dependent members.

  • Risk Reduction
  • 15 December 2020
List: The biggest UK longevity swaps
List: The biggest UK longevity swaps

There have now been a total of 32 longevity swaps over £1bn publicly announced. The full list, provided by Willis Towers Watson and through PP research, is as follows...

  • Risk Reduction
  • 15 December 2020
Barclays Retirement Fund completes £5bn longevity swap with Reinsurance Group of America
Barclays Retirement Fund completes £5bn longevity swap with Reinsurance Group of America

The Barclays Bank UK Retirement Fund has completed a £5bn longevity swap with Reinsurance Group of America (RGA).

  • Risk Reduction
  • 14 December 2020
Northern Gas Networks agrees £385m buy-in with L&G; Risk transfer market busy despite Covid and set to top £60bn in 2021
Northern Gas Networks agrees £385m buy-in with L&G; Risk transfer market busy despite Covid and set to top £60bn in 2021

The Northern Gas Networks Pension Scheme has agreed a £385m pensioner buy-in with Legal & General (L&G).

  • Risk Reduction
  • 10 December 2020
National Grid completes £800m buy-in with Rothesay; Homestyle and Aviva agree £103m buyout
National Grid completes £800m buy-in with Rothesay; Homestyle and Aviva agree £103m buyout

The National Grid UK Pension Scheme has completed an £800m buy-in with Rothesay, its second bulk annuity transaction with the insurer.

  • Risk Reduction
  • 09 December 2020
A third of DB benefits to be insured by middle of 2020s, says LCP
A third of DB benefits to be insured by middle of 2020s, says LCP

The number of defined benefit (DB) scheme members with benefits protected by an insurer will double by the middle of the decade, according to Lane Clark & Peacock (LCP).

  • Risk Reduction
  • 30 November 2020
Aviva completes £875m second buy-in with own staff scheme
Aviva completes £875m second buy-in with own staff scheme

Aviva Life & Pensions has concluded an £875m buy-in with its own staff pension scheme, following on from a similar transaction last year.

  • Risk Reduction
  • 27 November 2020
Just Group agrees £74m buy-in with engineering scheme
Just Group agrees £74m buy-in with engineering scheme

Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.

  • Risk Reduction
  • 24 November 2020
Smiths Group completes £146m buy-in with Canada Life
Smiths Group completes £146m buy-in with Canada Life

The Smiths Industries Pension Scheme has secured a £146m buy-in with Canada Life in its fourth bulk annuity and its sponsor’s tenth overall.

  • Risk Reduction
  • 16 November 2020
Prudential agrees £3.7bn longevity swap with Pacific Life
Prudential agrees £3.7bn longevity swap with Pacific Life

The Prudential Staff Pension Scheme has entered into a £3.7bn longevity swap with Pacific Life Re, insuring the longevity risk of over 20,000 pensioners.

  • Risk Reduction
  • 11 November 2020
Baker Hughes agrees £100m buy-in with Just
Baker Hughes agrees £100m buy-in with Just

The Baker Hughes (UK) Pension Plan has secured approximately £100m of liabilities through a buy-in with Just Group.

  • Risk Reduction
  • 11 November 2020
123

Most read

L&G agrees £400m deal with own scheme
L&G agrees £400m deal with own scheme
Mark Stocker dies following cancer battle
Mark Stocker dies following cancer battle
PLSA unveils six policy board appointments
PLSA unveils six policy board appointments
Boohoo acquisition of Debenhams leaves schemes with PPF
Boohoo acquisition of Debenhams leaves schemes with PPF
Think tank floats Aviva-backed lower income-focused retirement target framework
Think tank floats Aviva-backed lower income-focused retirement target framework
Trustpilot

 

  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading