De-risking deals hit £10.2bn last year thanks to a busy second half as concerns over Solvency II waned, according to Lane Clark & Peacock (LCP).
JRP Group has revealed its defined benefit (DB) de-risking sales were 24% down in 2016 compared to 2015 due to stagnation following a rush to beat incoming Solvency II requirements.
The trustees for Amey OS Pension Scheme have agreed two separate buy-in policies with Just Retirement, worth a total of £65m.
Buy-in and buyout deals slowed down in the first six months to £2.7bn, which is just over half of business written in H1 last year, according to LCP.
Partnership's director of defined benefit (DB) solutions Costas Yiasoumi has left the firm after two years and has been replaced by Tim Coulson.
Just Retirement has undertaken a pensioner buy-in for the Galliford Try defined benefit (DB) scheme.
PP looks at how the Just Retirement and Partnership merger could impact market competition.