The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.
The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.
The Ofcom Staff Pension Plan has secured a £50m buy-in with Legal and General (L&G), covering approximately 30 pensioners and 320 deferred members.
LCP has added a buy-in pricing tracker to its online valuation tool which uses up-to-date information from the biggest insurers to help clients make de-risking decisions.
Just Retirement has completed its biggest bulk annuity deal to date, a £75m buy-in with an unnamed scheme.
Legal and General Investment Management (LGIM) has launched a fiduciary management service alongside a set of funds aimed at schemes targeting a buyout.
The Pension Protection Fund (PPF) has set its levy estimate for 2015/16 at £635m, 10% lower than this year's total, and said there could be further reductions to come.
UK schemes have increased longevity assumptions by six months in the last three years, according to research from Mercer.
The ICI Pension Fund agreed a £3.6bn buy-in earlier this year. Natasha Browne hears from the chief executive about how it went
Housing associations could face triple cost increases under the next valuation of the Social Housing Pension Scheme (SHPS), according to Lane Clark & Peacock (LCP).