Taha Lokhandwala looks at the £1.5bn buyout deal between EMI Group and Pension Corporation
Citi has secured a £1.5bn buyout for its EMI Group Pension Fund in the biggest bulk annuity deal concluded in the UK so far.
The three biggest bulk annuity insurers accounted for more than 90% of new business written in the six months to April according to research from Aon Hewitt.
Jack Jones looks at the implications of consolidation in the bulk annuity market
Legal & General Assurance Society has acquired closed UK annuity buy-out company Lucida from LCM Holdings in a deal worth £151m.
The Imperial Home Decor scheme has agreed a £5m medically underwritten buyout of its defined contribution (DC) section in the first such deal to be publicly announced.
LCP partner Emma Watkins gives her top tips
The market for buy-ins and buyouts in 2012 is likely to exceed the £5bn of business conducted in each of the last few years, according to research from Aon Hewitt.
Orthopaedic firm Smith & Nephew has entered into a buy-in with Rothesay Life for its two defined benefit (DB) schemes covering £190m of liabilities.