Vesuvius has signed a £15m deal with Pension Insurance Corporation (PIC) to insure further pensioner members in its UK defined benefit (DB) scheme.
The deal is the fourth extension of a £320m buy-in with PIC - which was the largest bulk annuity transaction in 2012 - where, each year, some future retirees are automatically rolled into the contract....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point