Medically underwritten buy-in
IET pension scheme completes £50m buy-in with PIC
The Institution of Engineering and Technology (IET) pension scheme has insured £50m of pensioner liabilities through a buy-in with Pension Insurance Corporation (PIC).
Aliaxis scheme completes £85m buy-in with Just Group
The Aliaxis UK Defined Benefit Pension Scheme has completed a buy-in transaction with Just Group totalling £85m, structured across two tranches of pensions in payment.
Land Securities' scheme enters £110m medically underwritten buy-in
The Land Securities Group of Companies' defined benefit (DB) pension fund has bought out around three quarters of its liabilities through a buy-in with Just.
Working group launches guide on medically underwritten bulk annuities
A guide has been published to help trustees and other industry professionals understand how medical underwriting can be used to de-risk defined benefit (DB) schemes.
Could British Steel go down the bulk annuity route?
PP explores the option of putting the British Steel scheme through the bulk annuity market.
Innovation swells in small bulk annuity deals
Smaller schemes are increasingly looking to benefit from longevity de-risking opportunities offered through swaps and bulk annuities, accordingly to JLT Employee Benefits.
How will the JRP merger affect the medically underwritten market?
PP looks at how the Just Retirement and Partnership merger could impact market competition.
Siemens completes £300m buy-in with PIC
Pension Insurance Corporation (PIC) has concluded a £300m buy-in with the trustees of the VA Tech UK Pension Scheme, including a retrocession to Siemens' captive reinsurer.
Kingfisher completes record-breaking medically underwritten buy-in
The Kingfisher Pension Scheme has undergone a £230m medically underwritten buy-in with Legal & General (L&G) in a landmark deal for the bulk annuity market.
Solvency II drives record buy-in and buyout volumes in Q4
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
How data cleansing can get schemes better bulk annuity deals
Data cleansing is an increasingly important step in the path to bulk annuities especially with growth in medical underwriting. Kristian Brunt Seymour explores how it can benefit schemes.
BSW Timber makes £5m liability savings through mortality study
BSW Timber has saved £5m in liabilities and reduced its deficit by a quarter due to a medically underwritten mortality study (MUMS).
Low & Bonar completes £34m medically underwritten buy-in
Low & Bonar has completed a medically underwritten buy-in of £34m of liabilities within its defined benefit (DB) pension scheme.
How far can the medically underwritten bulk annuity market grow?
As medically underwritten deals reach record levels, PP looks at why this market is booming.
Pensions Institute predicts medical underwriting boom in bulk annuity market
The Pensions Institute has predicted there will be rapid growth in medically underwritten bulk annuities as schemes turn to ‘top-sliced' deals and traditional insurers get into the market.
L&G secures record £230m medically underwritten buy-in
Legal and General (L&G) has completed its first medically underwritten bulk annuity deal with a £230m transaction with an unnamed scheme
£150m scheme completes top-sliced medically underwritten buy-in
The £150m Institution of Engineering and Technology ("IET") Superannuation and Assurance Scheme has completed a £32m medically underwritten buy-in.