Risk Reduction
Risk Reduction
The Co-operative Pension Scheme (Pace) has agreed a £1bn buy-in with Pension Insurance Corporation (PIC), insuring benefits for around 7,000 members.
19 February 2020
•
2 min read
Risk Reduction
Allied Irish Bank (AIB) has secured an £850m buy-in for its UK pension scheme with Legal & General (L&G).
13 February 2020
•
2 min read
Risk Reduction
The trustees of the £3bn Merchant Navy Officers Pension Fund (MNOPF) have secured £1.6bn of members’ pension benefits through a buy-in transaction with Pension Insurance Corporation (PIC).
10 February 2020
•
4 min read
Risk Reduction
A significant increase in so-called ‘mega-transactions’ accounted for around two-thirds of the record-breaking bulk-annuity transfer volumes for 2019, Hymans Robertson analysis reveals.
30 January 2020
•
2 min read
Risk Reduction
The Co-operative Pension Scheme, known as Pace, has completed a £1bn buy-in with Aviva in the first announced bulk annuity deal of 2020.
29 January 2020
•
2 min read
Risk Reduction
Very few schemes have protection in place against longevity risk in their scheme liabilities. Howard Kearns explains why and how to rectify this
29 January 2020
•
4 min read
Risk Reduction
Three Lloyds Banking Group pension schemes have transferred £10bn of longevity risk to Pacific Life Re in the second-largest longevity swap ever.
29 January 2020
•
3 min read
Risk Reduction
Pension Insurance Corporation (PIC) insured £7.2bn of scheme liabilities over the course of 2019, recording more new business than in any year prior.
28 January 2020
•
1 min read
Risk Reduction
Longevity swap transactions will hit a record-breaking level of £25bn this year, Willis Towers Watson has predicted.
21 January 2020
•
1 min read
Risk Reduction
Schemes are increasingly looking at longevity hedging as part of their de-risking process, according to a survey by Insight Investment.
24 December 2019
•
2 min read
