Legal & General (L&G) enjoyed a record quarter for bulk annuity business at the beginning of 2014, writing more than £3bn in new business according to the firm's quarterly results.
The Merchant Navy Officers Pension Fund (MNOPF) is winding up its investment committee as part of an overhaul of its governance structure.
The Pension Protection Fund (PPF) has cut its assumption for the liabilities it will have to take on annually in half over the last year.
The Pensions Regulator (TPR) and Pension Protection Fund (PPF) are investigating the pre-pack insolvency of Astracast over concerns the firm's owner has dumped its scheme on the lifeboat fund.
Buy-in prices have fallen by up to 3% as a result of changes announced in last month's Budget, one consultant says.
Jack Jones examines the relationship between the lifeboat fund and crisis-hit mining firm
A ‘managed closure' of UK Coal following a £10m loan deal with the government will create ‘no further liabilities' for the Pension Protection Fund.
The Western United Group Pension Scheme has secured a £111m pensioner buy-in with Rothesay Life, a year and a half after completing a £115m deal with the same insurer.
Just Retirement has completed a £36.5m medically underwritten buy-in with a shipping firm and says it is on target to write £80m of bulk annuity business in the year to June.
The Pension Protection Fund (PPF) could end up facing a multi-million pound loss from UK Coal after the firm revealed it is in need of a bailout to avoid collapse.