bulk annuity

The Pension Protection Fund (PPF) has launched a consultation on changes to actuarial assumptions in valuations used in sponsor insolvencies and to determine risk-based levies.

Aon Hewitt has launched a broking service called Bulk Annuity Compass to help schemes with the purchase of a bulk annuity.

The number of bulk annuity market participants is expected to rise by 57% over the next five years according to Barnett Waddingham.

The trustees for Amey OS Pension Scheme have agreed two separate buy-in policies with Just Retirement, worth a total of £65m.

Deferred members dominate the DB universe but the high cost of insuring them makes bulk annuities out of reach for many schemes, even more so since the introduction of Solvency II. Kristian Brunt-Seymour explores what schemes can do.

Buy-in and buyout deals slowed down in the first six months to £2.7bn, which is just over half of business written in H1 last year, according to LCP.

Defined benefit (DB) pension schemes could have access to much-needed cash flow through a short-term equivalent of a buy-in service, according to PwC.

Any surplus funds the Pension Protection Fund (PPF) accumulates should not be returned to the levy payers who provided them, according to almost 60% of respondents.

Aegon has agreed an annuity referral partnership with Legal & General (L&G) as part of the insurer's plans to stop writing all new annuities in the fourth quarter.

This week we want to know if Theresa May's (pictured above) government is downgrading pensions and if capital adequacy requirements for master trusts could make them insolvent.