Pension Capital Strategies and Tactica Assurance have teamed up to offer schemes an investment product to guarantee liabilities over a 10-year period.
The risk-management firm and life company said the investment option would allow schemes to transfer assets equal to the IAS19 value of the chosen pension liabilities. At the end of the 10-year term,...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.