Castings has agreed a £72m buy-in contract for its two defined benefit pension schemes with Aviva.
St James's Place, Columbia Threadneedle, BMO Global Asset Management, Legal and General Investment Management, Aberdeen Standard Investments, Kames Capital and Janus Henderson have all suspended their open-ended UK property vehicles due to valuation concerns...
Nimble footwork enables small schemes to compete with the big boys in the buyout market, says Stephanie Hawthorne.
Aviva’s bulk purchase annuity volumes increased 55% to £4bn in the year to 31 December 2019 its full year results reveal.
The Department for Work and Pensions (DWP) says it will press ahead with a 10% increase to the general levy from 1 April, despite a severe industry backlash to a consultation on the issue.
The House of Lords has called for pension schemes to align their portfolios with the objectives of the Paris Climate Agreement.
Textiles company AW Hainsworth has secured a buyout for its defined benefit pension scheme in a deal worth £2.3m.
This week’s top stories included Lloyds agreeing a £10bn longevity swap with Pacific Life Re for three of its pension schemes, and the Co-operative Pension Scheme completing a £1bn buy-in with Aviva.
The Co-operative Pension Scheme, known as Pace, has completed a £1bn buy-in with Aviva in the first announced bulk annuity deal of 2020.
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
Legal & General (L&G) has launched an online annuity searching tool, allowing consumers to compare rates across six leading providers.
Aviva has set out its strategy to launch an investments, savings and retirement division as it seeks to simplify its overall business.
Aviva Life and Pensions UK has completed a £1.7bn bulk annuity buy-in with the Aviva Staff Pension Scheme.
The number of employers and advisers looking to change their pension provider has increased by nearly two thirds this year, according to research by Aviva.
Here they are - the winners of the Workplace Savings and Benefits Awards 2019...
This week's top stories included an article about Will Lovegrove and Baroness Ros Altmann departing Pensionsync after its acquisition by KeyPay.
The Aviva Master Trust and Workers Pension Trust have been authorised by The Pensions Regulator (TPR), bringing the number of approved schemes in the market to 20.
Nearly nine million employees aged 45 and over are "sleep-walking" into retirement, unaware of how much they need to save, according to research from Aviva.
Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
Aviva has launched a defined contribution (DC) default investment strategy for its workplace pension clients, incorporating ethical and ESG considerations.
Many master trust boards lack diversity, yet the ultimate goal should be to achieve cognitive inclusion to represent a large cohort of DC members, writes Kim Kaveh.
Aviva has split its life and general insurance business arms as part of a bid to make the company simpler and boost its competitiveness.