Aon Retirement Plan completes £900m buy-in

Kristian Brunt-Seymour
clock • 1 min read

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.

The £900m transaction which was primarily funded with gilts covers the majority of pensioner liabilities across two of the five sections making up the segregated scheme. PIC senior actuary Matt ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Kristian Brunt-Seymour
Author spotlight

Kristian Brunt-Seymour

View profile
More from Kristian Brunt-Seymour

Will future demand for bulk annuities squeeze supply?

PPF hires head of investment strategy

More on Defined Benefit

DB surplus extraction is an appealing concept to most, PLSA survey finds
Defined Benefit

DB surplus extraction is an appealing concept to most, PLSA survey finds

Changes to governing rules driving reconsideration of endgame plans

Holly Roach
Holly Roach
clock 20 March 2025 • 2 min read
Mortality rates return to similar levels to pre-pandemic, analysis shows
Defined Benefit

Mortality rates return to similar levels to pre-pandemic, analysis shows

Aon has analysed mortality trends over the last five years, with 2024 reaching similar levels to 2019

Jasmine Urquhart
Jasmine Urquhart
clock 20 March 2025 • 2 min read
DB pension risks 'weigh heavily' on UK balance sheets
Defined Benefit

DB pension risks 'weigh heavily' on UK balance sheets

LawDeb finds most see pension scheme as having risks alongside cyber threats

Jasmine Urquhart
Jasmine Urquhart
clock 19 March 2025 • 1 min read
Trustpilot