buyout

Almost all UK defined benefit (DB) schemes (92%) have set clear long-term funding targets, with most focused on buyout or self-sufficiency, according to Aon.

Just Group is exploring a defined benefit (DB) de-risking partnering approach as part of the development of a capital light fee business, according to its half-year results.

The majority of pension schemes that are using a long-term funding target are focused on self-sufficiency, Aon research has revealed.

Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.

Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.

The Plumbing and Mechanical Services (UK) Pension Scheme has completed its 2017 valuation, calculating scheme assets were enough to cover 102% of its liabilities.

Prudential Insurance Company of America (PICA) has launched a reinsurance counterparty, lending support to insurers that account for more than 90% of the UK pension risk transfer market.

Tendencies to prefer the status quo and familiar names can result in slower or more irrational decisions, Aon says. James Phillips explores the impediments to risk settlement.

This week's top stories included The Pensions Regulator launching a consultation on the future of trusteeship.

Rothesay Life completed around £700m of bulk annuity transactions in the first half of 2019, according to its latest trading update.