The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.
Aviva looks at the three things it believes are crucial to the success of the de-risking process and how to arrive at these 'happy endings'.
The UK bulk annuity market exceeded £8.5bn in the first three quarters of 2014, making this year already the busiest on record, according to figures published today.
Coalfield Resources has reached an agreement with the Pension Protection Fund (PPF) to acquire the lifeboat fund's 75.1% share in Harworth Estates Property.
Aviva looks at how trustees can assess the benefits of medical underwriting in bulk annuities.
Hymans Robertson has launched a monthly asset valuation tool for local government pension schemes (LGPS) that could save them up to 50% on valuation fees.
The Makro Staff Pension Scheme has agreed a £185m buy-in with Rothesay Life to insure the benefits of all its members.
CTL Engineering has secured a buyout of its pension scheme that has allowed the manufacturing firm to be sold.
Tate & Lyle Group Pension Scheme has agreed contingent funding arrangements that will trigger payments to the scheme if investments perform poorly or the employer covenant is weakened.
Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.