UK schemes could release up to £200bn invested in gilts to match their liabilities more closely with a buy-in policy, says Aon Hewitt.
The consultant said conditions in the bulk annuities market mean now is a good time for schemes holding gilts to switch them for a pensioner buy-in. Aon Hewitt principal and actuary Paul McGlone (pictured)...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.