Trustees of the Monsanto Pension Plan have agreed a £100m buy-in, protecting benefits for around 150 pensioners.
Phoenix Group's senior corporate pensions actuary Richard Zugic speaks to PP about how a longevity swap was transformed into a bulk annuity for the PGL Pension Scheme in the first deal of its kind.
Phoenix Life has announced it completed a buy-in for its UK defined benefit (DB) scheme last December, making it the largest de-risking transaction of the year.
Capita Employee Benefits has appointed Akash Rooprai as head of pensions risk management.
Solvency II regulations have caused a shift in the timing of buy-in and buyout transactions, as well as asset sourcing, according to Aon Hewitt.
It has been 10 years since the first pensioner buy-in was completed. Helen Morrissey looks at how the industry has evolved.
The total value of annuity deals was 30% higher in 2016 than at the previous market peak in 2014, Aon Hewitt's UK Risk Settlement Bulletin has revealed.
Just Retirement and Aliaxis have agreed a £36m medically-underwritten bulk annuity deal in a bid to reduce longevity risk exposure.
LCP's de-risking report predicts the market for buy-ins and buyouts could top £15bn in 2017. Helen Morrissey takes a closer look.
Equalisation problems from the 1990s are increasingly coming out of the woodwork as more schemes go down the bulk annuity route. The consequences can be enormous but there are ways to tackle it, writes Stephanie Baxter
The Pension Protection Fund (PPF) has put into effect changes to actuarial assumptions used in sponsor insolvencies and to calculate risk-based levies.
The trustee of soft drinks manufacturer AG Barr's defined benefit scheme has insured 50% of its total pensioner liabilities through Canada Life.
With demand for bulk annuities predicted to reach £350bn by 2026, supply may not be able to keep up, which could push up pricing. Kristian Brunt-Seymour looks at whether it is an issue and what it means for schemes.
Legal & General's (L&G) pension risk transfer business has hired Frankie Borrell from Partnership.
The Pension Protection Fund (PPF) has launched a consultation on changes to actuarial assumptions in valuations used in sponsor insolvencies and to determine risk-based levies.
Aon Hewitt has launched a broking service called Bulk Annuity Compass to help schemes with the purchase of a bulk annuity.
The number of bulk annuity market participants is expected to rise by 57% over the next five years according to Barnett Waddingham.
The trustees for Amey OS Pension Scheme have agreed two separate buy-in policies with Just Retirement, worth a total of £65m.
Deferred members dominate the DB universe but the high cost of insuring them makes bulk annuities out of reach for many schemes, even more so since the introduction of Solvency II. Kristian Brunt-Seymour explores what schemes can do.
Buy-in and buyout deals slowed down in the first six months to £2.7bn, which is just over half of business written in H1 last year, according to LCP.
Defined benefit (DB) pension schemes could have access to much-needed cash flow through a short-term equivalent of a buy-in service, according to PwC.
Any surplus funds the Pension Protection Fund (PPF) accumulates should not be returned to the levy payers who provided them, according to almost 60% of respondents.
Aegon has agreed an annuity referral partnership with Legal & General (L&G) as part of the insurer's plans to stop writing all new annuities in the fourth quarter.
This week we want to know if Theresa May's (pictured above) government is downgrading pensions and if capital adequacy requirements for master trusts could make them insolvent.