The ICL Group Pension Plan has entered into a £3.7bn intermediated longevity swap via a Guernsey-based captive, with Swiss Re reinsuring the risk.
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
GLIL Infrastructure has partnered with London-based Arcus Infrastructure Partners to purchase energy infrastructure provider Smart Meter Assets 1 (SMA).
Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.
Here they are – the winners of the second annual Professional Pensions Rising Star Awards...
The Hitachi UK Pension Scheme has agreed and completed a £275m buy-in deal with Legal & General (L&G) covering the remaining benefits in the scheme.
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
The Pensions and Lifetime Savings Association (PLSA) has published a drafting template to help defined contribution (DC) scheme trustees produce their annual chair’s statements.
RPMI Railpen has agreed to acquire 90% of the Carraig Gheal Wind Farm from GreenPower International.