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The Graham & Brown Retirement Benefits Scheme has agreed a buy-in with Pension Corporation which will see it spread the premium over the next five years.

The Aon Minet Pension Scheme has secured a £100m buy-in with Pension Corporation to cover approximately a quarter of its pensioners' liabilities.

The volume of bulk annuity business written in the first quarter of the year dropped by 85% compared to the final quarter of 2011, says Aon Hewitt.

Almost half of trustees expect funding levels in the latest round of triennial valuations to be worse than they were three years ago, according to research.

Pension Corporation captured £600m of new business last year taking its number of policy holders to 55,000, but saw its annual profits tumble.

High-tech manufacturer Denso has entered into a ground-breaking buyout with Pension Insurance Corporation to insure the benefits of two schemes remaining open to future accrual.

Pension Insurance Corporation has outsourced the record keeping, payroll, administration and communication services for its 50,000 pension policies to Mercer.

This could be a dire year for schemes as last year's losses are compounded in the first quarter and crystallised for the 40% of schemes with triennial valuations in March, warns Pension Corporation.

The Bank of England could slash the estimated £200bn hit to pension scheme funding levels from quantitative easing by fine-tuning its approach, Pension Insurance Corporation argues.

Bulk annuity business was up fivefold in the second quarter of the year, but falling affordability pushed schemes towards buy-ins rather than buyouts, research shows.