MIRA Retirement Benefits Scheme (MIRARBS) has secured a £70m buyout after agreeing to compromise its sponsor's statutory debt as part of a corporate restructuring.
Industry figures have established a group to help trustees understand their responsibilities towards the security of member assets in defined contribution (DC) schemes.
Deficit recovery contributions from employers into the Social Housing Pension Scheme (SHPS) will be boosted by £32m a year to improve the scheme's funding position.
In the second part of our series looking at what firms did to win accolades at this year's UK Pensions Awards, PP speaks to LCP partner Clive Wellsteed about how the firm won the Risk Reduction Adviser of the Year category.
A secondary annuity market would help with hedging longevity risk in defined benefit (DB) pension schemes, experts say.
The development of a capital market for longevity risk would ease the debt burden on future generations, Natasha Browne hears
AE has been a success but five million will miss out
The Northern Bank Pension Scheme has entered into a £680m buy-in with Prudential, marking the largest bulk annuity deal agreed so far this year.
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.
Here they are - the winners of the UK Pensions Awards 2015.