Aon Hewitt has launched a free online service to help trustees assess whether their scheme is prepared to move to a buy-in or buyout.
Pension Insurance Corporation has restructured its board to include the director of £400m investor Reinet, while founder Edmund Truell will leave the firm.
Aon Hewitt has launched a bulk annuity settlement readiness assessment for UK pension schemes.
OCR has secured a buyout with Metlife Assurance for its £11m RSA Examinations Board Retirement Benefits Scheme.
Legal & General has appointed Dominic Carpenter as sales director in its pension scheme insurance solutions team, increasing its capacity.
Activity in the bulk annuity market picked up last month after a slow start to the year, says Towers Watson.
Pension Insurance Corporation has hedged £300m of longevity risk by reinsuring it with Munich Re.
Pension Corporation has received £400m of new capital from Luxembourg investor Reinet Fund - taking the value of the insurance business close to £1bn.
Almost 100 bulk annuity and longevity swap deals worth more than £50m have taken place in the UK since 2007 as part of an international trend, Mercer research says.
The volume of bulk annuity business written in the first quarter of the year dropped by 85% compared to the final quarter of 2011, says Aon Hewitt.