Phoenix Life has announced it completed a buy-in for its UK defined benefit (DB) scheme last December, making it the largest de-risking transaction of the year.
The insurer, which does not offer a bulk annuity proposition to the wider market, revealed the details of the £1.2bn buy-in for the PGL Pension Scheme in its 2016 annual results published on 20 March. ...
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
In the latest of PP's Pensions Influencers interview series, Jonathan Stapleton speaks to Ian McKnight, chief investment officer of the Royal Mail Pension Plan
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
The 3i Group Pension Plan has completed a £200m buy-in with Pension Insurance Corporation (PIC), its first insurance policy so far.