Canada Life
Risk Reduction
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
07 July 2020
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3 min read
Risk Reduction
Nimble footwork enables small schemes to compete with the big boys in the buyout market, says Stephanie Hawthorne.
12 March 2020
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8 min read
Industry
Textiles company AW Hainsworth has secured a buyout for its defined benefit pension scheme in a deal worth £2.3m.
06 February 2020
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1 min read
Industry
Legal & General (L&G) has launched an online annuity searching tool, allowing consumers to compare rates across six leading providers.
22 November 2019
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1 min read
Risk Reduction
The Carter & Parker Limited Staff Retirement Benefits Plan (1975) has agreed a £9.3m bulk annuity deal with Canada Life.
19 November 2019
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2 min read
Risk Reduction
The Aegon UK Staff Retirement and Death Benefit Scheme has secured a £144m buy-in with Phoenix, covering around a quarter of pensioner liabilities.
19 November 2019
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1 min read
Industry
Mutual Scottish Friendly has completed the acquisition of a back book of life and pension policies from financial services provider Canada Life.
07 November 2019
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1 min read
Industry
More than 4,500 pension scheme members breached the lifetime allowance in the 2017/18 tax year, an increase of 36% from the year before, according to HM Revenue and Customs (HMRC).
26 September 2019
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2 min read
Risk Reduction
Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.
08 August 2019
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2 min read
Industry
This week's top stories included The Pensions Regulator launching a consultation on the future of trusteeship.
05 July 2019
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1 min read
