As research reveals that private sector DB schemes have more than £1trn of unhedged interest rate exposure, Kristian Brunt-Seymour asks if it is a big problem and how it can be addressed.
At a glance: DB schemes still have huge exposure to interest rate risk despite LDI growth Trustees should focus on ultimate long-term objectives and how they can be achieved. Should look...
In a year of uncertainty and volatility, the risk transfer market gave security and stability to thousands
The Association of British Insurers (ABI) Pension & Assurance Scheme has insured benefits for 191 members in a £26m buy-in with Aviva.
The defined benefit (DB) scheme of Shepherd Foods (London) has completed a £3m buyout with Aviva, insuring the benefits of 13 pensioner and deferred members.
Demand in the bulk annuity market is expected to remain high driving total deals to around £30bn this year in line with 2020 results, according to Bloomberg Intelligence (BI).
General Motors has agreed a £53m bulk purchase annuity transaction with Aviva for the Vauxhall Associated Companies Pension Fund (VACPF).