Risk Reduction
Risk Reduction
Medically underwritten annuity specialist Partnership wrote £84m in bulk annuity business in 2013 according to the company's annual results.
19 March 2014
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Risk Reduction
Insurers and consultants have set up an industry-wide committee to develop a good practice guide for medically underwritten bulk annuity transactions.
14 March 2014
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Defined Benefit
Lloyds Banking Group (LBG) has confirmed it will scrap pensionable pay increases in its defined benefit (DB) schemes from April, netting a one-off saving of £1bn.
12 March 2014
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Risk Reduction
The Trustee of the Church Workers Pension Fund has completed a £100m buy-in with Prudential.
10 March 2014
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Risk Reduction
The Aviva Staff Pension Scheme has secured the largest longevity swap written so far, in the first UK deal to dispense with a traditional intermediary.
06 March 2014
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Risk Reduction
Blackrock chief executive officer (CEO) Larry Fink has said many schemes are not counting the cost of longevity which could have a detrimental impact on their liabilities.
06 March 2014
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Risk Reduction
Engineering giant GKN has completed a £123m buy-in with Rothesay Life in its latest step towards a full scheme buyout.
06 March 2014
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Risk Reduction
Jack Jones asks whether it is inevitable all bulk deals will be medically underwritten in future
06 March 2014
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Defined Benefit
The Pension Protection Fund (PPF) is consulting on changes to the valuation assumptions it uses, which could increase the number of schemes entering the lifeboat fund.
05 March 2014
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Risk Reduction
The GeoPost UK Pension Scheme has secured a £30m buy-in with Pension Insurance Corporation (PIC) to cover liabilities relating to 645 pensioner members.
05 March 2014
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