buyout

The MacDermid Canning Pension Scheme has bought out its 670-member scheme using Aon Hewitt's implemented annuities service.

Schemes are concerned poor quality data will restrict their ability to carry out projects to manage liabilities or switch providers, according to research from Aon Hewitt.

Natasha Browne looks at the effects of an index-linked gilt shortage and asks how else schemes can hedge against inflation

JLT's Mark Wood says the concept of a pension has all but disappeared since the Budget

PP looks at the complex set of deals that allowed TRW Automotive to shed more than £2.6bn in liabilities

Top stories on PP this week have included a potential £2bn windfall for sponsors, a complex £2.5bn buyout, a government U-turn on freedom and choice and calls for a drawdown fee cap. Here's what you might have missed.

The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.

The total value of annual bulk annuity deals is predicted to reach a "new normal" of over £10bn after volumes doubled within two years, according to LCP.

CTL Engineering has secured a buyout of its pension scheme that has allowed the manufacturing firm to be sold.

Punter Southall has appointed Colette Christiansen to the newly-created position of head of de-risking solutions in a bid to increase its presence in the bulk annuity advice market.