The market for enhanced bulk annuities has almost hit £700m after a bumper fourth quarter in which 10% of all transactions was medically underwritten, according to research from Hymans Robertson.
The consultant's first report on the market found that 35 schemes had completed transactions since 2013, with a steep increase in activity at the end of 2014. Transactions covering £440m of benefits...
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2020 estimates on the various measures…
Pensions schemes with sponsors facing severe economic difficulties due to Covid-19 must prepare for the lifting of temporary protections from corporate insolvency at the end of the year, Aon says.
Lady Tina Green has agreed to pay a £50m deficit recovery contribution (DRC) to Arcadia’s pension schemes earlier than scheduled.
Scheme funding in the defined benefit (DB) universe has worsened, but the Pension Protection Fund (PPF) remains confident it can tackle the challenges ahead, it says as it launches its 2020 Purple Book.
Debenhams’ pension schemes are continuing in Pension Protection Fund (PPF) assessment after administrators failed to rescue the company from collapse.