Derisk
Aggregate Industries Pension Plan completes £135m 'follow-on' buy-in
Aggregate Industries Pension Plan has completed a £135m pensioner buy-in with Just Retirement.
Schemes should delay longevity swap transactions due to pricing dislocation
Schemes should consider delaying longevity swap transactions as lower rates of mortality improvement have led to a dislocation in pricing says Aon Hewitt.
Five stories you might have missed this week
The biggest stories on PP were Pirelli's £600m longevity swap, how trustees could get sued over excessive charges, and four insurers to enter bulk annuities market by 2021. Here are the top five.
Woodford IM: De-risking exacerbates deficits
De-risking is actually "de-returning", Woodford Investment Management has said in a damning attack on low-risk investment strategies.
KPMG adopts longevity projection model
KPMG has introduced a longevity projection model used by insurers to help improve its understanding of the future risks of defined benefit (DB) pension schemes.
How double de-risking is hurting DB schemes
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model.
Leeds University Business School and Aon explore trustee decision-making
Leeds University Business School (LUBS) has partnered with Aon Hewitt to investigate how behavioural economics affect the decisions of defined benefit (DB) scheme trustees.
Longevity risk biggest concern for pension schemes
Longevity risk remains a top concern for a quarter of pension professionals according to research by State Street.
Could British Steel go down the bulk annuity route?
PP explores the option of putting the British Steel scheme through the bulk annuity market.
How independent is advice in the bulk annuity market?
PP looks at the importance of independent advice when doing a buy-in or buyout.
More demand for small de-risking deals is 'opportunity for insurers'
Insurers should consider eyeing up smaller de-risking transactions rather than focusing on the mega deals that can end up falling away, according to Aon Hewitt.
M&S agrees with trustees to raise DB contributions for future service
Marks and Spencer has reached an agreement with the trustees of its defined benefit (DB) pension scheme to increase annual cash contributions for future service by £15m.
How far can the medically underwritten bulk annuity market grow?
As medically underwritten deals reach record levels, PP looks at why this market is booming.
Aon hires retirement and investment business partner
Aon Hewitt has appointed David Bunkle as partner in its retirement and investment business.
Is £1trn of unhedged interest rate exposure in DB really a problem?
PP considers how big a risk this is for schemes and how they can manage it
WYG de-risks last DB scheme with option for buyout
The trustees of the WYG scheme have agreed with the sponsor to de-risk its remaining liabilities with the aim of reaching a full buyout next year.
Renold scheme enters second medically underwritten buy-in
Renold Pension Scheme has fully de-risked around a quarter of its UK liabilities on a medically underwritten basis just months after entering a similar transaction.
How schemes are using alternative financing solutions
Lynda Whitney looks at how schemes are using alternative financing solutions to fund pension schemes.
Turning uncertainty to your advantage
Bob Scott discusses the key issues brought up at the recent LCP Pensions Conference.
Punter Southall launches service to reduce costs of de-risking
Punter Southall Investment Consulting has designed a service to reduce the complexity, administration and costs of de-risking strategies.
Scheme case study: Strong partnerships vital in GHG's funding plan
The financial crisis left the GHG Retirement Plan in real difficulty. However, the scheme is now in a much better funding position thanks to the building of a strong strategic partnership finds Helen Morrissey.
Punter Southall promotes four to principal
Punter Southall has boosted its senior team with the promotion of four senior consultants to principal.
Now is the time to debate impact of low bond yields
Soaring deficits in 2014 have raised concerns as to the damage quantitative easing is doing to pensions. Ros Altmann takes a closer look.
De-risking grinds to a halt
The wholesale movement of scheme assets from equities to fixed interest ground to a halt last year according to data from the Pension Protection Fund (PPF).
