Case Studies

The Abu Dhabi Investment Authority (ADIA) has agreed to acquire up to 21.4% of shares in the Pension Insurance Corporation (PIC) Group from its founding investor J.C. Flowers & Co.

Mothercare's defined benefit (DB) schemes have exited Pension Protection Fund (PPF) assessment after the struggling children's retailer's shareholders approved restructuring plans.

West Yorkshire Pension Fund (WYPF) has teamed up with M&G Real Estate to acquire a £94m retail space in a Birmingham suburb.

Aon has improved the buyout position of one if its defined benefit (DB) schemes after undertaking a bulk enhanced transfer value (ETV) exercise.

The University of Southampton has confirmed plans to close the Pension and Assurance Scheme for Non-Academic Staff (PASNAS) to new members at the end of December.

The Local Government Pension Scheme (LGPS) had a markedly improved year in 2017 as high returns helped increase assets to £263bn as of March 2017.

Universities Superannuation Scheme (USS) has entered into a £330m joint venture with Places for People to acquire a range of private rented residential assets.

The combined IAS 19 accounting surplus of Royal Mail's defined benefit (DB) schemes fell to £2.2bn in March from £3.8bn a year ago, according to its annual report.

The Marks and Spencer (M&S) Pension Scheme has insured around 15% of its pensioner liabilities through two bulk annuity insurance policies with Aviva and Phoenix Group.

The National Grid Electricity Group has completed an intermediated longevity swap with Zurich for the Electricity Supply Pension Scheme (ESPS).