Taha Lokhandwala looks at the £1.5bn buyout deal between EMI Group and Pension Corporation
Taha Lokhandwala explores the implications of Steve Webb’s decision to keep NEST limits in place for four more years
Citi has secured a £1.5bn buyout for its EMI Group Pension Fund in the biggest bulk annuity deal concluded in the UK so far.
Pension fund have increased allocations to alternatives over the last year and now have more than $1.3trn (£870m) invested with the biggest alternative asset managers, says Towers Watson.
Jack Jones looks at the implications of consolidation in the bulk annuity market
The trustees of the Lafarge UK Pension Plan have appointed Towers Watson to act as fiduciary manager of its entire £2.6bn fund.
Companies with defined benefit (DB) schemes restating 2012 accounting figures to reflect IAS19R will show a reduction in pre-tax profits by around £5bn, Towers Watson warns.
After the IORP debacle, Jonathan Stapleton asks if more European regs are appropriate
Towers Watson research says trust schemes cost members less. Jack Jones analyses
Jack Jones looks at the impact of changes to the Takeover Code designed to give trustees more power over mergers and acquisitions