PP looks at how the Just Retirement and Partnership merger could impact market competition.
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 have finalised their merger to become JRP Group which will manage a total of more than £15bn assets.
Former Financial Conduct Authority (FCA) long-term savings and pensions director Nick Poyntz-Wright has joined Just Retirement Ltd.
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have given the go-ahead for Just Retirement and Partnership to merge.
As medically underwritten deals reach record levels, PP looks at why this market is booming.
The £150m Institution of Engineering and Technology ("IET") Superannuation and Assurance Scheme has completed a £32m medically underwritten buy-in.
The proposed merger between Just Retirement and Partnership has been put on hold subject to meeting Solvency II requirements and is expected in January.
Just Retirement and Partnership are looking to raise £150m in equity capital to help meet the costs of their planned £1.6bn merger announced in August.