Xafinity has signed an agreement to use RiskFirst's PFaroe risk management platform throughout its advisory and investment business.
The firm said the tie up would mean client schemes were better placed to understand and make effective decisions around the management and mitigation of risk. Xafinity managing director Jeff Hunt said:...
Prudential Retirement reinsured $1.7bn (£1.4bn) of pension scheme longevity risk in the first half of the year, it has revealed.
The money used to insure pension liabilities can help met the government’s agenda to ‘build, build, build’, says Johnny Chow
Superfunds could be on course to complete multi-billion-pound transfers of defined benefit (DB) funds by the end of this year, Isio says.
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
The Brandsby Agricultural Trading Association (BATA) has agreed a £13m buyout with Legal & General (L&G), securing benefits for all 120 members of the BATA Superannuation Pension Scheme.