Trustees of the Philips Pension Fund have exchanged holdings of gilts and cash for a buy-in covering £484m of the 33,000-member scheme's liabilities.
LCP has extended its fixed-fee bulk annuity service for smaller schemes to cover full buyouts.
Taha Lokhandwala looks at the detail of InterContinental’s £440m buyout deal
Jack Jones warns the focus on DB could come at DC's expense
Jack Jones talks to LCP’s Bob Scott about the consultant’s 20th annual survey of pensions at FTSE100 firms
The bulk annuity market is set to hit a five-year high with insurers preparing for a busy six months after completing £3bn of transaction in the first half of 2013.
The aggregate pension deficit of companies on the FTSE100 has hit £43bn, despite strong returns on assets and employer contributions of almost £22bn over the year, says LCP.
Taha Lokhandwala looks at the £1.5bn buyout deal between EMI Group and Pension Corporation
The average annual pension contribution received by executives of FTSE100 companies has risen from £225,000 to £242,000 since 2011, according to research from LCP.
Jack Jones looks at the implications of consolidation in the bulk annuity market