UK - Some £7.8bn (US$12.3bn) of pension scheme risk transfer deals were completed in 2009, despite challenging financial landscape, analysis from Hymans Robertson revealed.
Government plans to tackle the complex issue of guaranteed minimum pension equalisation is a "practically impossible" task for trustees, a consultant warns.
The number of firms giving members the chance to take pension increase offers is set to rise significantly this year, a consultant says.
UK - UBS Investment Bank is to enter the longevity swap market following the hire of a four-strong pensions team, sources said.
UK - The value of buyouts, buy-ins and longevity swap deals struck during the 2009 has been more than £7.5bn (US$12bn), latest research by Hymans Robertson revealed.
The value of buyouts, buy-ins and longevity swap deals struck during the 2009 has been more than £7.5bn, latest research by Hymans Robertson reveals.
UK - Legal & General is investigating entering the longevity swap market in the first quarter of 2010.
About £4bn worth of buyout, buy-in and longevity swap deals were struck during the third quarter of the year, Hymans Robertson analysis reveals.