Risk Reduction

Will funds benefit from increased mortality rates?

The Trigon Snacks Pension Scheme, a hybrid arrangement which had been in Pension Protection Fund (PPF) assessment, has completed a buyout with Legal and General (L&G).

Increases in life expectancy have slowed significantly over the last four years according to the Institute and Faculty of Actuaries' Continuous Mortality Investigation (CMI).

Multi-employer schemes could be on the hook for millions

A 57% slump in individual annuity sales at Just Retirement has been largely offset by a rapid expansion of its buy-in and buyout business, according to the insurer's latest results.

PP talks to Amy Kessler about the booming longevity risk market

Heineken's Scottish and Newcastle Pension Plan has completed a £2.4bn longevity swap with Friends Life.

Almost half of UK defined benefit schemes use a fiduciary manager, according to research from Aon Hewitt.

Pensions Insurance Corporation (PIC) has invested in £70m of Consumer Prices Index (CPI) linked secured debt issued by the Church of England Pensions Board (CEPB).

Rising longevity poses a much greater threat to companies with defined benefit (DB) pension schemes than low interest rates, Fitch Ratings has warned.