Interest rate hedging increased 44% in the last three months of last year, driven by pension schemes rushing to capitalise on attractive market swap levels, a survey suggests.
Nearly £9.9bn of liabilities were hedged using derivatives in Q4 2010, up from nearly £6.85bn of hedges between July and the end of September, according to F&C. The investment manager said the dramatic...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.