Pension Insurance Corporation (PIC) has written £900m of bulk annuity premiums in the first quarter of 2016 according to its end of year results.
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
Defined benefit (DB) pension schemes should move away from index-linked gilts and increase exposure to risk assets in order to plug deficits, according to research by Fathom Consulting.
As medically underwritten deals reach record levels, PP looks at why this market is booming.
Volumes of buy-ins and buy-outs exceeded £11bn for 2015 according to Lane Clark & Peacock (LCP).
Pension Insurance Corporation (PIC) has invested £75m in debt issued by Virgin Atlantic Airways (VAA) secured against the airlines landing slots at Heathrow Airport.
Roger Marshall has been put on the board and made a non-executive director by the Pension Insurance Corporation (PIC).
Bond market slowly begins to catch up with demand
Pensions Insurance Corporation (PIC) has invested in £70m of Consumer Prices Index (CPI) linked secured debt issued by the Church of England Pensions Board (CEPB).
Operating profits at Pension Insurance Company rose in the first six months of the year, despite a 62% drop in new business for the bulk annuity provider.