Deal comes as part of umbrella contract implemented as part of earlier transaction
Deal agreed in June will complete following a data cleanse and true-up process
Pensioner-only transaction forms part of insurer’s first half bulk annuity deals
Pension transfers will be red flagged and blocked if savers have been approached via social media under stronger anti-scam plans set out by the government today.
The ICL Group Pension Plan has entered into a £3.7bn intermediated longevity swap via a Guernsey-based captive, with Swiss Re reinsuring the risk.
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
GLIL Infrastructure has partnered with London-based Arcus Infrastructure Partners to purchase energy infrastructure provider Smart Meter Assets 1 (SMA).
Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.
Here they are – the winners of the second annual Professional Pensions Rising Star Awards...