Shareholders in the fresh crop of bulk annuity buyout firms are poised to stump up more capital to meet a surge in demand, the new insurers say.
Last week, PP reported a quarter of companies attending a Watson Wyatt seminar said they were considering buying out either all or part of their scheme liabilities within the next three to five years....
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.