Insurers completed just £800m of buyouts and buy-ins in the first quarter of the year, according research from LCP, far below the £4.4bn written in the first quarter of 2014.
Legal & General (L&G) has generated a 'record' £330m in cash in the first quarter of the year as changes to its business following the pension reforms paid off.
The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.
Andrew Waring talks about buy-ins, buyouts, longevity swaps and multi-employer DC arrangements
Legal and General (L&G) director of mergers and acquisitions and strategy Wadham Downing is to step down from his role at the end of the year.
PP looks at the complex set of deals that allowed TRW Automotive to shed more than £2.6bn in liabilities
Top stories on PP this week have included a potential £2bn windfall for sponsors, a complex £2.5bn buyout, a government U-turn on freedom and choice and calls for a drawdown fee cap. Here's what you might have missed.
The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.
The UK bulk annuity market exceeded £8.5bn in the first three quarters of 2014, making this year already the busiest on record, according to figures published today.
Our top stories this week covered concerns over a drawdown capacity crunch and fines for savers who take advantage of DC ‘freedom and choice', a pension scam crackdown and a slap on the wrist for L&G. Here's what you might have missed.