Risk Reduction
Risk Reduction
Children's charity Barnardo's has announced it will close its defined benefit scheme ahead of auto-enrolment.
21 January 2013
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Risk Reduction
The Western United Group Pension Scheme, one of Vestey Group's schemes, has agreed a £115m buy-in with Rothesay Life.
21 January 2013
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Risk Reduction
Pension Insurance Corporation has signed a second £30m bulk annuity deal with the Cookson Group Pension Plan, following its first buy-in in 2012.
21 January 2013
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Risk Reduction
Cornwall Pension Fund has selected AXA Investment Managers to manage a £50 million LDI mandate.
21 January 2013
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Defined Benefit
Asset-backed funding arrangements became more prevalent in 2012 as a wider variety of companies used a greater array of assets to fund deficits, says KPMG.
08 January 2013
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Defined Benefit
Interserve has agreed to transfer a portfolio of 19 private finance initiatives to its scheme to reduce its actuarial deficit from £150m to £95m.
08 January 2013
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Risk Reduction
The Chamber of Shipping Retirement Benefits Plan has completed a £40m buy-in using a fixed fee service aimed at smaller schemes.
07 January 2013
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Defined Benefit
UK pension funds finished 2012 in slightly better health than they began the year after a rise in asset values pushed average funding ratios to 90%, according to JLT Pension Capital Solutions.
02 January 2013
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Risk Reduction
Pension Corporation has reinsured a further £400m tranche of longevity risk associated with its policy holders with Munich Re.
17 December 2012
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Risk Reduction
The General Motors UK Pension Plan has entered into a £230m buy-in with Rothesay Life to cover the benefits of all of its 11,000 members.
13 December 2012
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