The value of DIY buy-in and longevity hedge deals struck during 2009 was almost double that of traditional buy-out / buy-in deals during the same period, latest research reveals.
Hymans Robertson said the value of traditional buy-out / buy-in deals struck during Q2 2009 fell to £600m - giving a total of £1.5bn for the first half of 2009 and an average deal size of less than £20m....
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.