The credit crunch has created unprecedented opportunities for the insured buyout market and businesses looking to clear pension liabilities from balance sheets, Aon Consulting says.
The firm said companies such as Paternoster and Legal and General would not have been as successful this year had concerns about defaults not driven up corporate bond yields. The credit crunch has driven...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point