The LV= Employee Pension Scheme has agreed a buy-in of around £800m with Phoenix Life after converting an existing longevity swap.
Michael Eakins has been appointed as chief investment officer (CIO) at Phoenix Group, subject to regulatory approval and completion of the acquisition of ReAssure.
Legal and General (L&G) Retail Retirement has agreed an introducer agreement within its retirement income division to provide annuities to Prudential customers with guaranteed rates.
Quilter has sold its heritage life and pensions devision, Old Mutual Wealth Life Assurance Ltd, to ReAssure for £425m.
ReAssure Group has revealed its intention to publish a registration document and its potential intention to float on the London Stock Exchange (LSE).
A fourth round of IGC reports has emerged and they are looking quite different to last year following regulatory change. Kim Kaveh looks at the key findings.