UK - Legal & General is investigating entering the longevity swap market in the first quarter of 2010.
Hymans Robertson has appointed James Entwisle as managing partner.
UK - About £4bn (US$6.5bn) worth of buyout, buy-in and longevity swap deals were struck during the third quarter of the year, Hymans Robertson analysis revealed.
About £4bn worth of buyout, buy-in and longevity swap deals were struck during the third quarter of the year, Hymans Robertson analysis reveals.
Hymans Robertson has expanded its public sector pensions team with two consultant hires.
Each month DC World asks readers for their views. This month we ask: What effect has the recent equity market rally had on DC funds? Do members have reason to be cheerful?
UK - The £4.1bn (US$6.5bn) Merseyside Pension Fund has retained fixed income managers Schroders and Legal & General following a formal review and tender process.
The £4.1bn Merseyside Pension Fund has retained fixed income managers Schroders and Legal & General following a formal review and tender process.
Although the buyout market is showing signs of recovery, Sebastian Cheek explains that its expense still forces many DB schemes to seek alternative ways of removing risk from their balance sheets
UK - Half of defined benefit pension schemes in the UK do not have a long-term plan to reduce risk, a Hymans Robertson and PensionChair Network survey revealed.