Pension Insurance Corporation has reinsured almost £500m of its longevity exposure as it continues raising capital to target deals in excess of £3bn, it announced today.
It is understood the risk management provider wants to better compete in the £3bn to £5bn transaction market after reinsuring £500m of longevity risk in the last month. The primary aim is managing risk...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.