The insurance industry faces a "severe" concentration of systematic longevity risk through the market for buy-ins, buyouts and longevity swaps, according to professor David Blake.
Punter Southall Investment Consulting has designed a service to reduce the complexity, administration and costs of de-risking strategies.
The Kuwait Petroleum Services Company Pension Scheme has secured a medically underwritten bulk annuity policy worth £42.3m with Partnership.
The Northern Bank Pension Scheme has entered into a £680m buy-in with Prudential, marking the largest bulk annuity deal agreed so far this year.
Caffyns has removed almost £9m of defined benefit (DB) pension liabilities from its scheme after switching its pension payments to the Consumer Prices Index (CPI).
Capita Employee Benefits and JLT Employee Benefits have signed up to use RiskFirst's PFaroe risk analysis software.
The EC De Witt pension scheme has entered a buyout with Pension Insurance Corporation (PIC) after its parent company was bought by a private equity firm.
The Royal Mail Pension Plan's (RMPP) surplus has risen by £1.5bn in 12 months, according to the postal service's annual report.
Just Retirement and Partnership have seen sales of individual annuities collapse in the months running up to the introduction of the pension freedoms.
Insurers completed just £800m of buyouts and buy-ins in the first quarter of the year, according research from LCP, far below the £4.4bn written in the first quarter of 2014.