Data cleansing is an increasingly important step in the path to bulk annuities especially with growth in medical underwriting. Kristian Brunt Seymour explores how it can benefit schemes.
Insurers should consider eyeing up smaller de-risking transactions rather than focusing on the mega deals that can end up falling away, according to Aon Hewitt.
As the number of small bulk annuity deals have fallen year on year despite overall growth in the market, Kristian Brunt-Seymour explores how small schemes can avoid being squeezed out.
Marks and Spencer has reached an agreement with the trustees of its defined benefit (DB) pension scheme to increase annual cash contributions for future service by £15m.
Trustees have yet to prioritise cash management despite the fact that half of FTSE350 defined benefit (DB) schemes are turning cash flow negative, according to Hymans Robertson.
Low & Bonar has completed a medically underwritten buy-in of £34m of liabilities within its defined benefit (DB) pension scheme.
If structured correctly longevity swaps should not form a barrier to schemes going on to do buy-ins or buyouts according to Murray Blake.
Volumes of buy-ins and buy-outs exceeded £11bn for 2015 according to Lane Clark & Peacock (LCP).
Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.
Scottish Widows has entered the bulk annuity market and expects to announce its first deal in the coming weeks.