Risk Reduction
Risk Reduction
Cineworld has revealed it completed a buyout for its defined benefit (DB) pension scheme with Aviva Annuity UK last December at a cost of £4.8m.
09 March 2017
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1 min read
Risk Reduction
Solvency II regulations have caused a shift in the timing of buy-in and buyout transactions, as well as asset sourcing, according to Aon Hewitt.
06 March 2017
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2 min read
Defined Benefit
A scheme to allow British Home Stores (BHS) members to avoid large cuts through the Pension Protection Fund (PPF) could be the first to be assessed under new levy calculations.
28 February 2017
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2 min read
Risk Reduction
The trustees of the Cancer Research UK Pension Scheme have signed a £250m pensioner buy-in with Canada Life, bringing the insurer into the mid-range de-risking market.
28 February 2017
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2 min read
Risk Reduction
The Aon Minet Pension Scheme has successfully completed a bulk enhanced transfer value (ETV) exercise in the latest stage of its de-risking strategy.
22 February 2017
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2 min read
Law and Regulation
The Pension Protection Fund (PPF) is proposing a new levy rule for schemes that cease to have a substantive sponsor following a restructuring in order to protect other levy payers.
21 February 2017
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3 min read
Risk Reduction
The Land Securities Group of Companies' defined benefit (DB) pension fund has bought out around three quarters of its liabilities through a buy-in with Just.
08 February 2017
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2 min read
Risk Reduction
JRP Group has revealed its defined benefit (DB) de-risking sales were 24% down in 2016 compared to 2015 due to stagnation following a rush to beat incoming Solvency II requirements.
02 February 2017
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1 min read
Risk Reduction
Smiths Group's TI Group Pension Scheme has insured £130m of pensioner liabilities with Pension Insurance Corporation (PIC), bringing the scheme's total insured liabilities to £1bn.
01 February 2017
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2 min read
Industry
Lincoln Pensions has hired five covenant advice specialists to support the firm's increased growth following its recent acquisition by Cardano Group.
26 January 2017
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2 min read
