Société Générale Corporate & Investment Banking (SG CIB) has completed its first major transaction in the longevity market, with the structuring and syndication of a €1.4 billion longevity swap deal for Dutch insurer Aegon.
The deal marks the second foray into the longevity swaps market by Aegon, having completed a €12 billion longevity swap with Deutsche Bank last year. The latest deal has a 20-year maturity, with a commutation...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers