Just Retirement
Buy-ins and buyouts top £10bn for third year in row
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 de-risking sales fall 24% after Solvency II rush
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.
JRP Group launches rebrand
One of the major players in the de-risking market, JRP Group, has rebranded as Just.
Aliaxis enters £36m medically-underwritten bulk annuity
Just Retirement and Aliaxis have agreed a £36m medically-underwritten bulk annuity deal in a bid to reduce longevity risk exposure.
Aggregate Industries Pension Plan completes £135m 'follow-on' buy-in
Aggregate Industries Pension Plan has completed a £135m pensioner buy-in with Just Retirement.
FCA to force annuity providers to encourage customers to shop around
'Annuity comparator' tool to be established
Government reaffirms clamp down on pensions cold calling in Autumn Statement
The government has reaffirmed its commitment to crack down on pensions cold calling and give firms more powers to block suspicious transfers.
No systemic failure in enhanced annuity sales - FCA review
‘Small number' of firms asked to review sales
Amey enters £65m bulk annuity with Just Retirement
The trustees for Amey OS Pension Scheme have agreed two separate buy-in policies with Just Retirement, worth a total of £65m.
Bulk annuity market slumps in H1 after bumper 2015
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.
How can trustees help members make better retirement decisions?
Stephen Lowe looks at the support members are likely to need from schemes to help them navigate the complex retirement income market.
Costas Yiasoumi steps down from Partnership
Partnership's director of defined benefit (DB) solutions Costas Yiasoumi has left the firm after two years and has been replaced by Tim Coulson.
Galliford Try completes £95m buy-in with Just Retirement
Just Retirement has undertaken a pensioner buy-in for the Galliford Try defined benefit (DB) scheme.
FCA urged to bolster protections for secondary annuity market
The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.
Savers withdraw £4.4bn in first year of freedoms
A quarter of a million people have taken advantage of freedom and choice since the reforms came into effect last April, according to official figures.
Could British Steel go down the bulk annuity route?
PP explores the option of putting the British Steel scheme through the bulk annuity market.
Innovation swells in small bulk annuity deals
Smaller schemes are increasingly looking to benefit from longevity de-risking opportunities offered through swaps and bulk annuities, accordingly to JLT Employee Benefits.
PPF is most likely route for British Steel scheme
A majority of respondents believe the British Steel Pension Scheme will end up going into the lifeboat fund.
Have your say: what should be done about the British Steel scheme?
This week we want to know what will happen to the British Steel Pension Scheme and will fund managers follow Neil Woodford who has stopped charging clients for research?
How will the JRP merger affect the medically underwritten market?
PP looks at how the Just Retirement and Partnership merger could impact market competition.
Five stories you might have missed this week
The biggest stories were the long-awaited Just Retirement and Partnership merger, and revelations the government could be forced to fork out £2bn for the British Steel scheme.
Just Retirement and Partnership complete £15bn merger
Just Retirement and Partnership have finalised their merger to become JRP Group which will manage a total of more than £15bn assets.
Just Retirement hires former FCA pensions director
Former Financial Conduct Authority (FCA) long-term savings and pensions director Nick Poyntz-Wright has joined Just Retirement Ltd.
Solvency II drives record buy-in and buyout volumes in Q4
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
Most read
