bulk annuity
Risk Reduction
The Maersk Retirement Benefit Scheme has agreed a £1.1bn buy-in with Legal & General (L&G) Assurance Society, protecting benefits for around 4,900 members.
16 December 2020
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2 min read
Risk Reduction
The Aon Retirement Plan has completed a £510m pensioner buy-in with Scottish Widows, insuring members in the Aon Bain Hogg Pension Scheme section.
15 December 2020
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2 min read
Industry
Aon has urged the pensions industry to avoid over-reacting to the impact of Covid-19, as it predicts another huge year for the UK risk settlement industry in 2021.
11 December 2020
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2 min read
Risk Reduction
Darryl Brundle and Ashley Kanter look at the contrasting pressures and easements on longevity associated with the pandemic
13 October 2020
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4 min read
Risk Reduction
Fewer pension schemes are targeting self-sufficiency as their long-term objective while bulk annuity pricing improves and the consolidation market opens up.
08 October 2020
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2 min read
Risk Reduction
Around £50bn of risk will be transferred to the bulk annuity and longevity swap market by the end of the year despite a slow start to the market, Aon says.
05 October 2020
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2 min read
Risk Reduction
The Marathon Service (GB) Limited Pension and Life Assurance Scheme has completed a £610m full buy-in with Rothesay Life, covering the benefits of more than 1,400 members.
01 September 2020
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2 min read
Risk Reduction
Just Group completed £460.3m of bulk annuity deals in the six months to 30 June, its half-year results have revealed.
13 August 2020
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2 min read
Risk Reduction
The Littlewoods Pensions Scheme has completed a buy-in covering just under £930m of around 6,500 members’ benefits with Rothesay Life, the majority of which relate to deferred members.
12 August 2020
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3 min read
Industry
Phoenix Group has reported a £36m increase in group operating profit in the first six months of this year, as well as strong cash generation of £433m.
06 August 2020
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2 min read
