Aon Hewitt

The trustees of the Aon Retirement Plan have concluded a buy-in with Pension Insurance Corporation (PIC) for around a third of the £3bn-4bn scheme.

PP explores the option of putting the British Steel scheme through the bulk annuity market.

BlackRock has been chosen to run nearly £2.8bn of passive assets by the eight Local Government Pension Schemes (LGPS) known collectively as the Welsh Funds.

The biggest stories this week were backlash over Bentley's plans to pass NI costs onto DB members, Rothesay Life buying two-thirds of Aegon's bulk annuity book, and speculation over the future of the British Steel scheme.

Kevin Wesbroom looks at current attitudes to the recently introduced LISA and asks if we need a new approach.

Michael Ferguson has been made a senior consultant on Aon Hewitt's public sector team as the consultancy sees growing demand for governance advice.

Aegon has sold a £6bn UK annuity portfolio to Rothesay Life in a bid to focus on expanding its investment platform.

Matt Wilmington has joined Legal & General's (L&G) pension risk transfer business as director of strategic transactions.

Just Retirement and Partnership have finalised their merger to become JRP Group which will manage a total of more than £15bn assets.

Volatility of bulk annuity pricing is likely to continue in the coming months amid difficult market conditions according to Aon Hewitt.