Pension schemes conducted a total of £900m of buy-in and buyout deals over the first three months of the year, latest Hymans Robertson data reveals.
The consultant said the average size of individual deals fell by 50% to £20m, compared to some £30m for 2008. And it said there were only three deals in excess of £100m. Legal & General led the field...
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.