pic

The trustees of the £700m Honda Group UK Pension Scheme have insured part of the scheme in a buyout agreement with Pension Insurance Corporation.

Pension Insurance Corporation has reinsured almost £500m of its longevity exposure as it continues raising capital to target deals in excess of £3bn, it announced today.

Deficits are creating a drag on scheme investment returns of about 1.2% of liabilities a year, Pension Insurance Corporation research shows.

Ensuring member data accuracy should not be a barrier to buying out as delays could mean market opportunities are missed and premiums increase, Pension Insurance Corporation says.

Scheme funding positions were affected by as much as £50bn in Q3 due to the movement and volatility of long-term gilt yields, Pension Insurance Corporation says.

Timber merchant Arnold Laver has addressed its £43m pension scheme liabilities by undertaking a buyout with Pension Insurance Corporation.

Pension Insurance Corporation has begun offering scheme sponsors flexible insurance contracts that enable it to switch benefit payments from RPI to CPI.

Have you missed the biggest stories in pensions this week? Find out below, as we list the top ten most popular stories on www.professionalpensions.com over the past seven days (27 August - 2 September).

Scheme interest in risk transfer exercises increased over the second quarter, Pension Insurance Corporation says.