Allen & Overy
Risk Reduction
Deal protects scheme from cost of unexpected increases in life expectancy of members
01 August 2023
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1 min read
Risk Reduction
Transactions means over three-quarters of the UKRF’s pensioner longevity risk is now hedged
15 December 2022
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2 min read
Risk Reduction
The buy-in is the second between PIC and the plan, covering its remaining liabilities
21 September 2022
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2 min read
Risk Reduction
A Pfizer Group-sponsored defined benefit (DB) pension scheme has completed a £190m buy-in with Aviva, following a slow start to the year in bulk annuity business for the insurer.
27 May 2021
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3 min read
Risk Reduction
The BBC Pension Scheme has completed a £3bn longevity swap deal with Zurich and Canada Life Reinsurance, covering the risk of pensioner and dependent members.
15 December 2020
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2 min read
Risk Reduction
The ICI Pension Fund has completed its ninth buy-in with Legal & General (L&G), insuring a further £70m of benefits and bringing total insured benefits with L&G to around £5.8bn.
13 August 2020
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2 min read
Risk Reduction
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
07 July 2020
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3 min read
Industry
Here they are. The finalist lists for the UK Pensions Awards 2020.
03 March 2020
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7 min read
Risk Reduction
Three Lloyds Banking Group pension schemes have transferred £10bn of longevity risk to Pacific Life Re in the second-largest longevity swap ever.
29 January 2020
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3 min read
Investment
Additional margin rules will apply to schemes using OTC derivatives from September this year. Paul Cluley looks at how funds will be affected and what they need to do next.
14 January 2020
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4 min read
