Third and final buy-in means all pensions within the Church Workers Pension Fund are now insured
Insurer signed a £309m deal with unnamed scheme on 15 March
Aegon, Fidelity, and AJ Bell are also among the top ten
James Mullins says the risk transfer market has evolved and grown rapidly
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.
Around $30bn (£22.7bn) in transactions were completed worldwide by PGIM Real Estate last year despite market concerns related to the coronavirus pandemic.
This week’s top stories included Capita’s sale of its employee benefits business, while research from the Association of Consulting Actuaries found little support among employers for multiple pensions dashboards.
The Court of Appeal has overturned a High Court ruling which blocked the transfer of a £12bn annuity book from Prudential, now M&G, to Rothesay.
This week’s top stories included the launch of Scottish Widows’ ESG exclusions policy, while Deloitte acquired the admin and actuarial business of Kerr Henderson.
The Prudential Staff Pension Scheme has entered into a £3.7bn longevity swap with Pacific Life Re, insuring the longevity risk of over 20,000 pensioners.