The buy-in will protect the benefits of more than 9,000 members of the scheme
Aggregate Industries Pension Plan has completed a £135m pensioner buy-in with Just Retirement.
Schemes should consider delaying longevity swap transactions as lower rates of mortality improvement have led to a dislocation in pricing says Aon Hewitt.
The biggest stories on PP were Pirelli's £600m longevity swap, how trustees could get sued over excessive charges, and four insurers to enter bulk annuities market by 2021. Here are the top five.
De-risking is actually "de-returning", Woodford Investment Management has said in a damning attack on low-risk investment strategies.
KPMG has introduced a longevity projection model used by insurers to help improve its understanding of the future risks of defined benefit (DB) pension schemes.
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model.
Leeds University Business School (LUBS) has partnered with Aon Hewitt to investigate how behavioural economics affect the decisions of defined benefit (DB) scheme trustees.
Longevity risk remains a top concern for a quarter of pension professionals according to research by State Street.
PP explores the option of putting the British Steel scheme through the bulk annuity market.