Bulk annuities
Risk Reduction
Sponsors whose pension schemes complete buy-ins or buyouts tend to outperform their peers by between 0.25% and 3% on average, Mercer research finds.
25 June 2020
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2 min read
Risk Reduction
Covid-19 has caused a slowdown in the number of bulk annuity transactions, with buy-ins and buyouts expected to amount to a maximum of £25bn this year, Willis Towers Watson says.
22 June 2020
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2 min read
Risk Reduction
Twelve years after its funding level was hit severely by the global financial crisis, the GHG pension scheme completed a £150m buy-in amid the Covid-19 economic chaos. James Phillips speaks to the key players about the journey.
19 June 2020
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19 min read
Risk Reduction
The Unomedical Pension Plan has agreed to a £10m buyout of its 65 members’ liabilities with Aviva.
01 June 2020
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2 min read
Risk Reduction
Chris DeMarco explains why the Covid-19 has increased opportunities for schemes to de-risk via bulk annuities.
01 June 2020
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4 min read
Risk Reduction
Keen insurer pricing and streamlined services will lead to a surge in demand from smaller schemes to undertake bulk annuity transactions, Lane Clark & Peacock (LCP) predicts.
29 May 2020
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2 min read
Risk Reduction
The 3i Group Pension Plan has agreed a £650m buy-in with Legal & General (L&G), insuring the remaining benefits within the scheme.
27 May 2020
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2 min read
Risk Reduction
Legal & General has agreed two bulk annuity deals worth £116.2m with UK- and US-based IHS Markit schemes.
13 May 2020
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2 min read
Risk Reduction
The Co-operative Pension Scheme (Pace) has entered into its fourth bulk annuity transaction of 2020, agreeing a £350m buy-in with Aviva.
13 May 2020
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1 min read
Risk Reduction
After a bumper year, insurers are now facing a slower and smaller pipeline as schemes grapple with Covid-19, writes James Phillips.
04 May 2020
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18 min read
