All de-risking articles – Page 5
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NewsNSK and Menzies funds drive £569m in additional buy-ins for UK market
The deal for Menzies’ DB scheme included dovetailing with a secondary market sale of an illiquid asset
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NewsRolls-Royce & Bentley Pension Fund inks £880m buy-in
The buy-in included novation of the scheme’s existing longevity swap with Standard Life
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NewsLCP predicts new entrant to risk transfer market in 2024
New entrant would take the UK risk transfer market to a record 11 insurers
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NewsMedical Protection Society completes £125m buy-in with Rothesay
The buy-in secures benefits of all 618 scheme members comprising 174 pensioners and dependants, and 444 deferred members
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NewsICI Pension Fund completes £900m buy-in with Legal & General
The transaction secures the benefits of over 7,000 retirees
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NewsDe Beers Pension Scheme completes £850m full buy-in deal with PIC
The transaction secures the pensions of 1,464 pensioner members and 473 deferred members of the scheme
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News2024 to be the biggest year for UK pension de-risking
WTW expects the pension risk transfer market to reach £80bn in 2024
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NewsDe-risking gains in importance for pension schemes approaching endgame
56% of survey respondents identify de-risking as investment priority
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NewsThales Pension Scheme secures £2.7bn buy-in with Rothesay
The transaction secures benefits of over 16,000 members – 10,512 pensioners and dependants as well as 5,915 deferred members
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NewsBoots pension scheme completes largest single transaction with L&G
The deal secures benefits of all 53,000 retirees and deferred members of the scheme
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NewsCo-op pension fund insures remaining £4bn of liabilities
The transaction secures benefits for almost 50,000 members
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NewsMMC UK Pension Fund completes first active member longevity swap
Following this transaction, nearly all of the MMC UK Pension Fund’s DB sections’ longevity risk is now insured
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NewsDeutsche Bank UK pension scheme completes £500m buy-in with Legal & General
The deal marks third buy-in for the scheme and secures benefits of around 2,000 retirees and deferred members
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NewsClara’s first superfund transaction marks ‘significant milestone’ for UK pension industry
LCP estimates there could be £5bn or more further superfund transactions in the next few years
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NewsUK pension schemes concerned over insurer capacity as they approach endgame
The total deal value for bulk annuity transactions is expected to reach ‘well over’ £40bn in 2023
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NewsStandard Life highlights barriers for trustees to deliver endgame strategy
Market volatility was cited as a key concern by trustees to deliver their endgame strategy
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NewsPension schemes encouraged to run on to avoid potential value loss
Van Lanschot Kempen launched a solution for schemes approaching their endgame to encourage longer term thinking for the benefit of members, trustees and sponsors
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NewsElevated mortality rates accelerate DB scheme shift towards de-risking
Mortality analysis from the start of the coronavirus pandemic until the end of 2022 showed that England and Wales had an excess mortality rate of 26% at the end of 2022
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NewsUK buyout market to grow to £60bn per year, say pension professionals
The SPP expects schemes to focus on resilience, against rising interest rates, defaults and longevity
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NewsNorthern Bank Pension Scheme secures benefits of nearly 2K members
The transaction also involved the successful transfer of an illiquid asset from the pension scheme
