The sale of Quilter's life assurance business to ReAssure has been confirmed.
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.
Phoenix Life has completed a £1.1bn buy-in with its own defined benefit (DB) plan, the PGL Pension Scheme, it has announced.
Prudential Insurance Company of America (PICA) has launched a reinsurance counterparty, lending support to insurers that account for more than 90% of the UK pension risk transfer market.
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
The Marks and Spencer Pension Scheme has completed buy-in deals worth £1.4bn with two insurers, mirroring similar transactions last year.
Phoenix Group transacted £800m of bulk annuities in 2018, its first year in the market since completing a deal with its own scheme two years ago.
This week's top stories include the Ombudsman's determination against Royal London, and the ECJ's ruling that PPF compensation must amount to 50% of member benefits.
Expanding strategic partnership
Barry O'Dwyer and Campbell Fleming, both senior figures at Standard Life Aberdeen, are to become non-executive directors of Phoenix Group.
The Marks and Spencer (M&S) Pension Scheme has insured around 15% of its pensioner liabilities through two bulk annuity insurance policies with Aviva and Phoenix Group.
Phoenix has confirmed it will enter the buy-in and buyout market on an "incremental" basis after completing its first buy-in with its own pension scheme in 2016.
The government's plans to ban pensions cold calling could be subject to further delays amid speculation that yet another consultation is on the cards.
Mobius Life has been chosen as fund administrator for AB's target-date funds (TDFs) as the fund manager looks to expand opportunities for its clients.
Phoenix Group's senior corporate pensions actuary Richard Zugic speaks to PP about how a longevity swap was transformed into a bulk annuity for the PGL Pension Scheme in the first deal of its kind.
De-risking deals hit £10.2bn last year thanks to a busy second half as concerns over Solvency II waned, according to Lane Clark & Peacock (LCP).
The number of UK adults who received cold calls about their pension rose to 26% according to research commissioned by Phoenix Group.
Stephen McGee has been appointed chief financial officer (CFO) of Aegon UK effective immediately.
Closed book consolidator Phoenix is to acquire Abbey Life from Deutsche Bank for £935m.
Wendy Mayall who is the former chief investment officer (CIO) of Unilever's pension fund has been made a non-executive director at Phoenix Group.
Scammers are using Brexit concerns to try to con people into transferring their pension savings to suspicious overseas schemes, according to Phoenix Group.
Major jobs cuts are anticipated at pension services firm Diligenta which provides services to some of the biggest pension insurers.