The Kingfisher Pension Scheme has undergone a £230m medically underwritten buy-in with Legal & General (L&G) in a landmark deal for the bulk annuity market.
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.
BSW Timber has saved £5m in liabilities and reduced its deficit by a quarter due to a medically underwritten mortality study (MUMS).
Low & Bonar has completed a medically underwritten buy-in of £34m of liabilities within its defined benefit (DB) pension scheme.
As medically underwritten deals reach record levels, PP looks at why this market is booming.
The Pensions Institute has predicted there will be rapid growth in medically underwritten bulk annuities as schemes turn to ‘top-sliced' deals and traditional insurers get into the market.
Volumes of buy-ins and buy-outs exceeded £11bn for 2015 according to Lane Clark & Peacock (LCP).
The Institute of Chartered Accountants Staff Pensions Fund has insured £30m of liabilities through its second medically underwritten buy-in in under two years.
Age Partnership has launched a service to gather member information for schemes exploring a medically underwritten bulk annuity deal.
The vast majority of people in the industry believe the tax treatment of pensions is an effective incentive for people to save for retirement, according to research.