Risk Reduction

Member options often provide a win-win opportunity for all stakeholders involved in a pension scheme. Here, Aon analyses the different options available and why trustees and companies are making them available to pension scheme members.

Builders merchant JT Dove has slashed its forecasted defined benefit (DB) deficit by 11% after completing a medical underwriting study.

Prudential Insurance Company of America has agreed to reinsure around $1.2bn (£920m) of Pension Insurance Corporation's (PIC) longevity risk.

The school of thought that says there is no sustainability problem with defined benefit (DB) schemes is based on assumptions very far off from what actually happened over the past three decades, according to Cardano's chief executive officer.

The Smiths Industries Pension Scheme has completed a £207m buy-in with Canada Life to insure pensioner benefits.

Hilary Salt says rather than designing new DB superfunds, wouldn't it be better to grow to appreciate and improve our existing superfund?

The Pearson Pension Plan has agreed two buy-ins worth £1.2bn and has laid the groundwork for more bulk annuity contracts in the future.

Pension Insurance Corporation (PIC) has agreed a £590m buy-in to insure all pensioner liabilities in the Wolseley Group Retirement Benefits Plan.

PP asks four independent trustees about the progress their schemes are making on de-risking, the bars to risk reduction and future trends.

Jonathan Stapleton speaks to Pilkington Superannuation Scheme trustee chairman Keith Greenfield and PIC head of origination structuring Uzma Nazir about the deal