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.
Trustees of the Uniq Pension Scheme have signed a £830m buy-in deal with Rothesay Life.
Combined scheme deficits of FTSE100 global firms have swelled by 70% in 12 months to €290bn (£248bn) despite record levels of contributions, analysis finds.
Industry gets behind PP call to arms on decent defaults
Andrew Short looks at the number of threats to the cashflows of the Local Government Pension Scheme
Delays to ‘Fair Deal' changes are leading private employers to negotiate bad pension deals for new employees because of confusion over government plans, industry figures say.
Overestimated inflation projections could be costing UK defined benefit scheme sponsors over £50bn in unnecessary funding commitments, a corporate adviser warns.
IRELAND - The 30 largest publicly traded companies in Ireland reduced their pension deficits by €2bn ($2.7bn) in 2010 to €24bn after at least half made changes to promised pension benefits but average deficits continue to outpace market capitalisations,...
Industry figures are expecting a host of de-risking insurance deals to be undertaken by "quasi-public sector" schemes in the coming months.
GLOBAL - LCP is expanding its international network into Mexico, Russia and the Commonwealth of Independent States (CIS) countries, with the addition of two new member firms.