Pension Insurance Corporation
Defined Benefit
Cookson Group (now Vesuvius) has hired Premier as third party administrator for its £500m defined benefit scheme.
13 March 2013
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Law and Regulation
Jack Jones looks at responses to proposals to add to the regulator’s statutory objectives
25 February 2013
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Risk Reduction
Pension Insurance Corporation has signed a second £30m bulk annuity deal with the Cookson Group Pension Plan, following its first buy-in in 2012.
21 January 2013
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Defined Benefit
Pension Insurance Corporation founder Edmund Truell has been appointed as the chairman of the London Pensions Fund Authority.
18 December 2012
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Risk Reduction
Pension Corporation has reinsured a further £400m tranche of longevity risk associated with its policy holders with Munich Re.
17 December 2012
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Appointments
Pension Insurance Corporation has restructured its board to include the director of £400m investor Reinet, while founder Edmund Truell will leave the firm.
23 October 2012
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Risk Reduction
Pension Insurance Corporation has hedged £300m of longevity risk by reinsuring it with Munich Re.
30 July 2012
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United Kingdom
UK - European default on sovereign debt could cause a 45% spike in defined benefit pension scheme deficits, costing sponsors an extra £190bn ($310bn), pension risk experts warn.
25 July 2011
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Defined Benefit
European default on sovereign debt could cause a 45% spike in defined benefit pension scheme deficits, costing sponsors an extra £190bn, pension risk experts warn.
25 July 2011
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Defined Benefit
The pension plan buy-in has reached American shores at last. Prudential Retirement - part of US financial services giant Prudential Financial - has announced the first ever buy-in in the US, with a $75 million transaction for Hickory Springs Manufacturing...
10 June 2011
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