Bulk annuities
Risk Reduction
Four bulk annuity transactions worth over £1bn were transacted by Scottish Widows in the first half of the year, according to its half yearly report.
01 August 2018
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2 min read
Risk Reduction
Pension Insurance Corporation (PIC) has completed a £60m buy-in deal for the Civil Aviation Authority's defined benefit (DB) scheme.
23 July 2018
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1 min read
Defined Benefit
The Abu Dhabi Investment Authority (ADIA) has agreed to acquire up to 21.4% of shares in the Pension Insurance Corporation (PIC) Group from its founding investor J.C. Flowers & Co.
19 June 2018
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1 min read
Risk Reduction
The trustees of the Littlewoods Pensions Scheme have agreed an £880m pensioner buy-in with Scottish Widows.
31 May 2018
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2 min read
Industry
This week's top stories include articles about the CMI's latest mortality projections model and its accompanying report, which show a clear trend in life expectancy.
02 March 2018
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1 min read
Risk Reduction
The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).
15 February 2018
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2 min read
Risk Reduction
Hymans Robertson has appointed Baljit Khatra as a risk transfer consultant as the firm prepares for the busiest year ever for the bulk annuity market.
16 January 2018
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1 min read
Risk Reduction
The number of FTSE 100 defined benefit (DB) schemes at least 80% funded on a buyout basis almost doubled over 2016, according to Lane Clark & Peacock (LCP).
03 January 2018
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2 min read
Risk Reduction
The Smiths Industries Pension Scheme has completed a £207m buy-in with Canada Life to insure pensioner benefits.
23 October 2017
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2 min read
Risk Reduction
The Pearson Pension Plan has agreed two buy-ins worth £1.2bn and has laid the groundwork for more bulk annuity contracts in the future.
17 October 2017
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2 min read
