Insurers expect to write more than £6bn of buyout and buy-in business in 2013 after a strong finish to 2012 saw £1.5bn in transactions, says JLT Employee Benefits.
The Department for Work and Pensions must monitor the overall rate of participation in auto-enrolment rather than focusing on opt-out rates, providers have warned.
‘Inappropriate' active member discounts could threaten the success of auto-enrolment and must be restricted, Legal and General says.
Legal and General has launched a de-risking service that combines a buy-in or buyout with a property-backed payment structure.
Prudential Group chief executive Tidjane Thiam has been nominated as the next chairman of the Association of British Insurers.
The drive for transparency in pension charges could lead to occupational scheme advice for employers becoming regulated by the Financial Services Authority, Legal & General says.
With the price of complete buyouts becoming prohibitive for many trustees, Andrew Short looks at cheaper alternatives to shifting liabilities, and how they can be funded.
Andrew Short explains what trustees will have to concentrate on to manage auto-enrolment.
Longevity swaps are rapidly outpacing the value of buyout and buy-in deals with risk transfer volumes hitting a new high of £11bn last year, latest figures show.
Pilkington Superannuation Scheme has insured £1bn of liabilities against unexpected longevity increases, in a deal which confirmed 2011 as a record year for the de-risking market