Bulk annuities
Risk Reduction
Insurers are being pressed to offer bulk annuities to a wider range of scheme sizes
17 June 2021
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2 min read
Risk Reduction
Professional Pensions is holding a webinar, Pension Risk Transfer Solution: Tranches versus Big Bang, in partnership with Pension Insurance Corporation (PIC).
02 June 2021
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1 min read
Risk Reduction
Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.
01 June 2021
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2 min read
Defined Benefit
The majority of sub-£250m schemes plan to achieve a buyout as their scheme’s endgame even if pricing opportunities are not necessarily in their favour, Mercer research finds.
25 May 2021
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2 min read
Risk Reduction
The Nortel Networks UK Pension Plan has agreed a further £105m buyout with Legal & General (L&G), topping up the benefits agreed in a prior deal.
11 May 2021
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2 min read
Risk Reduction
The defined benefit (DB) scheme of Shepherd Foods (London) has completed a £3m buyout with Aviva, insuring the benefits of 13 pensioner and deferred members.
06 April 2021
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1 min read
Risk Reduction
Pension Insurance Corporation (PIC) concluded £5.6bn on bulk annuities in 2020 after recording just over £2.1bn in the second half of the year.
18 March 2021
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5 min read
Risk Reduction
Just Group completed 23 buy-in and buyout transactions at a total volume of £1.5bn over the course of 2020, according to its annual results.
16 March 2021
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2 min read
Industry
Legal & General saw flat movements in operating profit over the course of 2020, and a fall in profit after tax, although its retirement and investment management businesses grew.
10 March 2021
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2 min read
Risk Reduction
The Civil Aviation Authority (CAA) and Sydney Packett & Sons have agreed bulk annuity deals for their pension schemes with Legal & General (L&G) respectively.
09 March 2021
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3 min read
