The Aon Minet Pension Scheme has secured a £100m buy-in with Pension Corporation to cover approximately a quarter of its pensioners' liabilities.
Aviva's exit from the large-scale UK bulk purchase annuity market due to disappointing returns will not affect competition, Aon Hewitt says.
Over a third of employers said that they were unclear about their staging date for auto-enrolment, according to HR consultants Aon Hewitt.
The liabilities of the FTSE350's schemes have reached 35% of their sponsoring employers' combined market capitalisation, Aon Hewitt says.
An exclusive evening event on how to measure and achieve return on investment from benefit spend
The demand for liability driven investment strategies among small and medium defined benefit schemes will grow over the next three years, Aon Hewitt says.
UK schemes have been urged to engage with an EIOPA impact assessment in order to make sure figures used to draw up a new pensions directive are not understated.
Trustees must go beyond monthly investment sub-committee meetings and put more decision-making structures in place to improve governance standards, delegates at the Professional Pensions investment conference heard.
The volume of bulk annuity business written in the first quarter of the year dropped by 85% compared to the final quarter of 2011, says Aon Hewitt.