Legal & General

Legal & General Assurance Society has acquired closed UK annuity buy-out company Lucida from LCM Holdings in a deal worth £151m.

Contract-based defined contribution (DC) providers are likely to be given a fiduciary duty similar to that of trustees, Punter Southall principal Alan Morahan says.

Legal and General Trustees (LGT) has asked The Pensions Regulator (TPR) to allow an amnesty for defined contribution (DC) contract scheme providers to change members' investments without their consent.

Orthopaedic firm Smith & Nephew has entered into a buy-in with Rothesay Life for its two defined benefit (DB) schemes covering £190m of liabilities.

Hymans Robertson has launched a defined contribution (DC) offering called Guided Outcomes (GO), which focuses on retirement income replacement rates rather than pot size.

The bulk annuity market enjoyed a brisk start to the year according to consultants and providers, with £876m of transactions completed in the first quarter.

Thomas Miller Investment has appointed Paul Trickett as non-executive director.

Legal and General (L&G) will introduce a "trustee-style" governance committee for its contract provision, the company has announced.

The Longevity Science Advisory Panel (LSAP) has appointed Dame Karen Dunnell as its chairwoman.

Here they are - the winners of the UK Pensions Awards 2013.