Pension Corporation

Focus switches to active fixed income; Reductions in equity exposure to continue

Scheme sponsors are expected to take advantage of "enhanced buy-ins" to significantly reduce the cost of buy-ins, industry figures say.

Pension Corp buys £60m of Toray liabilities; Young people leave saving for pension too late, report warns; Liberal Democrat revolt over plan to raise women's pension age; Pensioners trade eating for heating says report

Trustees of the Toray Textiles Europe Pension Scheme have entered into a £63m pension insurance buyout with Pension Corporation.

UK - Only 15% of pension schemes have 50% or more inflation-linked assets matching their liabilities, suggesting most are structurally underhedged, research shows.

Pension Insurance Corporation is hoping to raise around £500m in new capital to allow it to complete £5bn of risk reduction deals with schemes.

A Luxembourg investment fund is in exclusive talks about a deal to invest £400m of new capital in Pension Insurance Corporation.

Scheme sponsors are increasingly transferring property to insurance companies in risk reduction deals as insurers develop innovative ways of taking on scheme liabilities, experts say.

Professional Pensions assembled a panel of three industry experts to talk about how insurance-based risk reduction deals can be implemented in practice.

Trustees of the London Stock Exchange Group's defined benefit plan have sealed a groundbreaking £203m deal to insure its pensioner members' liabilities after reporting a £33m increase in the scheme's surplus.