Scottish Widows

Scottish Widows has completed two bulk annuity transactions totalling £830m, insuring benefits for the Peugeot Advanced Pension Plan and the QinetiQ Pension Scheme.

The challenges for small pension funds to buy out their liabilities are well-known. A solution has emerged and is set to become popular across the DB universe, writes Stephanie Baxter

This week's top stories include Marsh & McLennan Companies' acquisition of JLT, and The Pensions Regulator authorising Legal and General's two master trusts.

The Scottish Widows Master Trust and the Lewis Workplace Pension Trust have applied for authorisation to continue operating in the master trust market, PP can reveal.

Standard Life Aberdeen has won a tribunal in which it claimed Lloyds Banking Group was not entitled to give notice to terminate investment management arrangements for a £109bn mandate.

Scottish Widows' Catherine Stewart says women have come a long way, but more action is needed to close the gender pensions gap.

The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.

Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.

BlackRock has won over a quarter of a £109bn Scottish Widows mandate following a competitive tender process, as the battle for the remaining £79bn in assets continues.

Schroders is set to land the £109bn Scottish Widows mandate as it offers a stake in its wealth arm Cazenove Capital as part of the negotiations, according to reports.