CMS
Risk Reduction
Allied Irish Bank (AIB) has secured an £850m buy-in for its UK pension scheme with Legal & General (L&G).
13 February 2020
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2 min read
Risk Reduction
Three Lloyds Banking Group pension schemes have transferred £10bn of longevity risk to Pacific Life Re in the second-largest longevity swap ever.
29 January 2020
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3 min read
Risk Reduction
Zurich has agreed to insure £800m of longevity risk for the pensioners of a FTSE 100-sponsored pension scheme.
17 December 2019
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2 min read
Property
A joint venture between the BAE pension funds and Immobilien Europa Direkt has acquired the Sofitel at Gatwick North Terminal with the help of Schroders.
04 October 2019
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1 min read
Risk Reduction
Rothesay Life has agreed the UK’s largest ever bulk annuity deal to date – a £4.7bn buyout of the GEC 1972 Plan, making 2019 officially a record-breaking year.
26 September 2019
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4 min read
Risk Reduction
The Hitachi Data Systems Retirement Benefits Plan has agreed a buy-in with Legal & General (L&G) Assurance Society, covering both defined benefit (DB) and defined contribution (DC) provision.
14 August 2019
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2 min read
Appointments
The Pensions Management Institute (PMI) has elected Tim Phillips as vice-president, taking over the office from Lorraine Harper.
11 July 2019
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2 min read
Risk Reduction
The Marks and Spencer Pension Scheme has completed buy-in deals worth £1.4bn with two insurers, mirroring similar transactions last year.
23 May 2019
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3 min read
Appointments
Defined benefit (DB) consolidator Clara has named its four inaugural providers for legal, actuarial and secretariat advice.
08 November 2018
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1 min read
Risk Reduction
PP asks three lawyers about how the key legal issues schemes facing schemes conducting or considering risk reduction exercises
26 June 2018
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13 min read
