The Civil Aviation Authority (CAA) Pension Scheme has completed a £1.6bn buy-in with Rothesay Life to insure the benefits of approximately two thirds of its members.
The deal, which also covers about two thirds of the scheme's liabilities, is the second largest buy-in after the ICI transaction in 2014 and is the biggest bulk annuity completed so far this year. The...
Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.
Punter Southall has launched a defined benefit (DB) scheme consolidator in a bid to allow small schemes to cut their running costs, reduce risk and improve benefit security and governance.
With a recent rise in the number of smaller schemes undertaking bulk annuity transactions, Charlotte Quarmby sets out why now might be the right time for smaller pension schemes looking to de-risk.
Wilton Re has made an investment in Clara Pensions to support the consolidator’s growth and development.