Risk Reduction
Risk Reduction
The Aon Retirement Plan has completed a £510m pensioner buy-in with Scottish Widows, insuring members in the Aon Bain Hogg Pension Scheme section.
15 December 2020
•
2 min read
Risk Reduction
The BBC Pension Scheme has completed a £3bn longevity swap deal with Zurich and Canada Life Reinsurance, covering the risk of pensioner and dependent members.
15 December 2020
•
2 min read
Risk Reduction
The Barclays Bank UK Retirement Fund has completed a £5bn longevity swap with Reinsurance Group of America (RGA).
14 December 2020
•
3 min read
Risk Reduction
The Northern Gas Networks Pension Scheme has agreed a £385m pensioner buy-in with Legal & General (L&G).
10 December 2020
•
4 min read
Risk Reduction
The National Grid UK Pension Scheme has completed an £800m buy-in with Rothesay, its second bulk annuity transaction with the insurer.
09 December 2020
•
3 min read
Risk Reduction
The number of defined benefit (DB) scheme members with benefits protected by an insurer will double by the middle of the decade, according to Lane Clark & Peacock (LCP).
30 November 2020
•
1 min read
Risk Reduction
Aviva Life & Pensions has concluded an £875m buy-in with its own staff pension scheme, following on from a similar transaction last year.
27 November 2020
•
2 min read
Risk Reduction
Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.
24 November 2020
•
2 min read
Risk Reduction
The Smiths Industries Pension Scheme has secured a £146m buy-in with Canada Life in its fourth bulk annuity and its sponsor’s tenth overall.
16 November 2020
•
1 min read
Risk Reduction
The Prudential Staff Pension Scheme has entered into a £3.7bn longevity swap with Pacific Life Re, insuring the longevity risk of over 20,000 pensioners.
11 November 2020
•
2 min read
