Transaction secures the benefits of more than 7,000 retirees as part of ‘umbrella’ agreement
Fourth and final transaction fully secures the benefits of approximately 67,000 members
The ICI Pension Fund has completed its ninth buy-in with Legal & General (L&G), insuring a further £70m of benefits and bringing total insured benefits with L&G to around £5.8bn.
The Tate & Lyle Pension Scheme has completed a £930m full buy-in with Legal & General (L&G), insuring benefits for around 4,800 members.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.
Scottish Widows has reinsured the longevity risk for around £1.3bn of its bulk annuity liabilities with The Prudential Insurance Company of America (PICA).
Schemes looking to take advantage of attractive longevity swap pricing face a number of challenges in 2018. Victoria Ticha looks at some of the key themes.
The Pearson Pension Plan has agreed two buy-ins worth £1.2bn and has laid the groundwork for more bulk annuity contracts in the future.
Professional Pensions is hosting a video webinar on the post-referendum outlook for pension schemes on Wednesday, 23 November, 2016 at 11am.
PP asks seven leading risk reduction consultants about deal affordability, the risk reduction exercises being conducted at the moment and how schemes can prepare for a transaction