The Merchant Navy Officers Pension Fund (MNOPF) has tied up a £1.3bn buyout of its old section that includes a one-off discretionary increase for all members.
Jack Jones looks at the implications of a record-breaking exercise
Scottish Power's £2bn longevity swap is the latest in a string of transactions. But where does it feature on the top ten?
Pension Insurance Corporation (PIC) has secured £300m of new capital to grow its business by targeting multi-billion pound buy-ins and buyouts.
Employers believe the Code of Good Practice attached to Pension Incentive Exercises (PIEs) has improved the reputation of such moves but reduced take-up rates, government research finds.
The UK liability-driven investment (LDI) market reached £517bn of liabilities hedged by the end of 2013 and has continued to expand this year, research finds.
A FTSE100 firm has become the first company to use a surety bond as part of its scheme funding strategy after securing a £400m transaction, says Aon Hewitt.
The Total UK Pension Plan has insured £1.6bn of pensioner liabilities with Pension Insurance Corporation (PIC) in the second largest UK bulk annuity transaction to date.
Kcom has transferred a £16m secured loan to an asset-backed contribution arrangement (ABC) set up to fund its scheme.
Sainsbury's has added two further properties with a value of £103m to a partnership set up to fund the J Sainsbury Pension Scheme.