The value of buy-in and buyout deals completed in the first half of the year was four times higher than in the same period last year, research shows.
The market reached nearly £7bn in the first six months of 2014, smashing the previous record of almost £4bn in 2008 and quadrupling last year's figure of just £1.7bn, figures from LCP reveal. LCP partner...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.