Some 100,000 defined benefit (DB) transfers took place in the 2017/18 financial year, according to estimates by The Pensions Regulator (TPR).
Prudential Insurance Company of America (PICA) has agreed to reinsure around $1.2bn (£900m) of Pension Insurance Corporation's (PIC) longevity risk.
Majority of respondents agree with the PLSA that regulation is too micro-managerial
Hymans Robertson has appointed four new partners across different areas within the firm, including financial services and defined benefit.
Some 43% of defined benefit (DB) schemes are closed to future accrual, while just 4% are still open to new active members, according to analysis by Barnett Waddingham.
The combined deficit of the UK's private sector defined benefit (DB) schemes fell by 40% to £78bn on an accounting basis during April, JLT Employee Benefits analysis has revealed.
Allen & Overy has promoted Andy Cork to partner and Jason Shaw to counsel in its London pensions team.
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
Defined benefit (DB) 'superfund' consolidators will not take off, according to 52% of this week's Pensions Buzz respondents.
Just over half (52%) of Unison members voted to accept a pledge to keep defined benefit provision in the Universities Superannuation Scheme (USS) until at least April 2019 in an "above-average" turn-out.