Deal is the latest phase of the scheme’s de-risking journey
It has been 10 years since the first pensioner buy-in was completed. Helen Morrissey looks at how the industry has evolved.
Andrew Waring talks about buy-ins, buyouts, longevity swaps and multi-employer DC arrangements
Legal and General (L&G) director of mergers and acquisitions and strategy Wadham Downing is to step down from his role at the end of the year.
The Merchant Navy Officers Pension Fund (MNOPF) has tied up a £1.3bn buyout of its old section that includes a one-off discretionary increase for all members.
The Merchant Navy Officers' Pension Fund, (MNOPF) has run a nationwide series of forums to reassure members ahead of the completion of a £1.3bn buyout of its Old Section.
Legal & General's (L&G) workplace platform assets under administration (AUA) rose to £7.9bn after a net-inflow of £400m, its Q3 update shows.
Deficits in the private sector rose in August with smaller-cap listed and unlisted firms mainly to blame, research from JLT Employee Benefits (JLTEB) shows.
Goldman Sachs has put a majority stake of its UK bulk annuity insurance business up for sale.
The bulk annuity market is set to hit a five-year high with insurers preparing for a busy six months after completing £3bn of transaction in the first half of 2013.