The Marsh & McLennan Companies (MMC) UK Pension Fund has finalised a £3.4bn longevity risk transfer to the global reinsurance market through a captive solution.
The ageing society, mental health and wellness are all driving the group risk agenda. Nick Martindale takes a look at how providers are responding to the challenges.
De-risking deals hit £10.2bn last year thanks to a busy second half as concerns over Solvency II waned, according to Lane Clark & Peacock (LCP).
This week's top stories included coverage of Sir Philip Green's agreement to pay £363m into a new pension scheme for former British Home Stories (BHS) workers.
The trustees of the Cancer Research UK Pension Scheme have signed a £250m pensioner buy-in with Canada Life, bringing the insurer into the mid-range de-risking market.
It has been 10 years since the first pensioner buy-in was completed. Helen Morrissey looks at how the industry has evolved.
The trustee of soft drinks manufacturer AG Barr's defined benefit scheme has insured 50% of its total pensioner liabilities through Canada Life.
Almost one in four workers expect to work past the age of 65 because of seven years of low interest rates according to Canada Life research.
The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.
Increased insurer competition, greater regulatory certainty and easier access to capital could boost the bulk annuity market 50% next year, according to a report from LCP.