bulk annuity
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
Risk Reduction
The Leonardo Electronic Pension Scheme has concluded a £160m pensioner buy-in with Just Group in the scheme’s first risk transfer exercise.
29 April 2020
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1 min read
Risk Reduction
Around £25bn of buy-ins and buyouts are set to be transacted this year despite the Covid-19 challenges, according to Lane Clark & Peacock (LCP).
17 April 2020
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2 min read
Risk Reduction
Castings has agreed a £72m buy-in contract for its two defined benefit pension schemes with Aviva.
01 April 2020
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1 min read
Risk Reduction
The fall in pricing of credit assets due to Covid-19 has made bulk annuities more affordable for schemes with significant gilt holdings, according to XPS Pensions.
25 March 2020
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1 min read
Industry
The Pension Insurance Corporation (PIC) boosted its financial investments last year by nearly £10bn to £40.9bn, up from £31.4bn the year prior, according to its full-year results.
09 March 2020
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2 min read
Industry
Aviva’s bulk purchase annuity volumes increased 55% to £4bn in the year to 31 December 2019 its full year results reveal.
05 March 2020
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1 min read
Risk Reduction
Scottish Widows completed five bulk annuity transactions in 2019, with liabilities insured exceeding £2bn.
21 February 2020
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1 min read
Risk Reduction
The ESAB Group (UK) Limited Pension & Life Assurance Scheme has purchased a £255m full buy-in with Rothesay Life, covering benefits for all 900 members of the scheme.
16 December 2019
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1 min read
Risk Reduction
The value of UK bulk annuity deals is set to quadruple in the 2020s when compared to this decade, Mercer has predicted.
09 December 2019
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2 min read
