bulk annuity

Scottish Widows has secured its second bulk annuity deal with a £54m buy-in for Barloworld UK Pension Scheme after the insurer entered the market last year.

Aegon has sold the final third of its UK annuity portfolio to Legal & General (L&G) as part of its strategy to free up capital from non-core business.

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.

This week we want to know who or what is most to blame for the BHS Pension Scheme likely falling into the PPF.

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

Smaller schemes are increasingly looking to benefit from longevity de-risking opportunities offered through swaps and bulk annuities, accordingly to JLT Employee Benefits.

PP looks at the importance of independent advice when doing a buy-in or buyout.

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.

A majority of respondents believe the British Steel Pension Scheme will end up going into the lifeboat fund.

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