Partnership has completed a £206m buy-in covering high value members of a "multi-billion pound scheme" in the biggest medically underwritten bulk annuity deal to date.
The deal insures benefits of members with the largest pension pots, and was completed following a competitive tender involving three other insurers. The firm said this deal pushed the boundaries of...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.