The three biggest bulk annuity insurers accounted for more than 90% of new business written in the six months to April according to research from Aon Hewitt.
The Kenwood Pension Scheme has secured a buy-in with Legal & General using a deferred premium to spread payment over several years.
Changes to the Pension Protection Fund (PPF) compensation cap could increase the total levy paid by schemes by almost £140m according to a government impact assessment.
The Avery Dennison UK Pension Plan has appointed SEI to act as fiduciary manager and put in place a dynamic de-risking strategy.
Legal & General Assurance Society has acquired closed UK annuity buy-out company Lucida from LCM Holdings in a deal worth £151m.
The Plasser Machinery Parts & Services Pension and Assurance scheme has secured a medically underwritten buy-in to match the benefits of its pensioner members.
The Imperial Home Decor scheme has agreed a £5m medically underwritten buyout of its defined contribution (DC) section in the first such deal to be publicly announced.
The majority of schemes do not intend to carry out any exercises to control longevity risk over the next two years.
The Pension Protection Fund (PPF) has warned that the £630m levy paid by schemes to fund the organisation is likely to rise by an average of approximately 10% in September.