buyout
Risk Reduction
Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.
04 November 2014
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Industry
Overestimates on populations may have led to schemes overspending on buyouts.
27 October 2014
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Defined Benefit
Scheme sponsors may have overspent on buyout contracts as a result of irregular mortality data, the Pensions Institute (PI) has warned.
22 October 2014
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Risk Reduction
Panasonic has completed a deal with Rothesay Life to buyout its UK scheme using a deferred premium structure.
22 October 2014
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Defined Benefit
PwC has signed up the majority of insurers involved in the bulk annuity market to its Skyval Insure platform in a bid to make pricing easier for corporates and trustees.
20 October 2014
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Risk Reduction
The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.
16 October 2014
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Investment
Legal and General Investment Management (LGIM) has launched a fiduciary management service alongside a set of funds aimed at schemes targeting a buyout.
13 October 2014
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Defined Benefit
Pension Insurance Corporation (PIC) increased its operating profit by 200% in the first half of the year following a string of new bulk annuity contracts.
27 August 2014
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Risk Reduction
Which are the largest schemes to have been offloaded to insurance companies?
21 August 2014
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Risk Reduction
Vestey Group has offloaded the £500m Western United Group Pension Scheme after completing a third bulk annuity deal with Rothesay Life.
21 August 2014
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