Defined benefit – Page 3
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NewsABB Plan completes £700m buy-in with Aviva
The transaction secures the benefits of more than 4,450 pensioner members and over 2,900 deferred members.
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NewsUK risk transfer market expects lower volumes but higher transaction numbers
While small transactions have been gaining momentum, there have also been a significant number of large transactions so far this year
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NewsLufthansa lands LDI strategy to €9.14bn portfolio as it builds on bonds allocation
Fixed income allocations rose to 49.7% at the end of 2024 from 37.6%, while equity allocations fell over the same period from 34.5% to 24.7%
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NewsRolls-Royce completes £4.3bn full buy-in with PIC
The transaction insures pension benefits of 15,000 pensioners and 21,000 deferred members
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NewsNN Life & Pensions in €4bn longevity reinsurance deal with Prudential Financial
The reinsurance deal covers around 96,000 policyholders and was arranged through PFI’s primary US insurance subsidiary
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AnalysisIPE UK Briefing: Pensions Review and Pensions Commission
Plus: Next phase of asset pooling; Connecting to the Dashboard; Attractive BPA market
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NewsMMC UK fund in £1.9bn in bulk purchase annuity deal with Standard Life
The buy-in deal covers 6,500 members of the Sedgwick Section of the MMC UK Pension Fund
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NewsNational Grid UK Pension Scheme secures £900m buy-in deal
Transaction takes the pension fund’s total liabilities de-risked with Rothesay to £4.5bn
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NewsDow Chemical pension fund gears up for buyout
Several insurance firms active on the Dutch buyout market have shown interest in a buyout of the €2.1bn pension fund of US chemicals giant Dow
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NewsJust Group to be acquired by Brookfield Wealth Solutions in £2.4bn deal
BWS intends for Blumont and Just to operate as a single, consolidated insurance group under Just Group brand
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NewsPension professionals call for standardisation of bulk purchase annuity processes
SPP suggests that a more standardised approach to streamlined processes would be a significant, but not impossible, step
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NewsHuntsman Pension Scheme in £205m buy-in deal with M&G
Momentum for smaller schemes continues to build
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NewsUK pension schemes revisit hedge funds amid economic uncertainty, says Aon
The consultancy says other institutional investors, such as endowments and foundations, are also turning to the sector as a tactical tool amid ongoing market instability
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NewsSuperfunds gain traction in defined benefit endgame, says LCP
The consultancy estimates that around half of all DB pension funds, with combined assets of £600bn, could become eligible for a superfund transfer
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NewsPension funds must be willing to recalibrate net-zero targets, says consultancy
Unintended financial risks may otherwise be incurred, according to Barnett Waddingham
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NewsHonda Group Pension Scheme in £800m buy-in with L&G
As part of the transaction, the pension fund paid a premium through a combination of an in-specie asset transfer and cash
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Opinion PiecesViewpoint: UK pension reform promises hang on data innovation
But it will fall to industry to address the grim state of pensions portability, says Max Lack of Heka Global
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NewsHymans Robertson launches checklist for defined benefit pension funds
It is crucial for DB schemes to follow clear process in run-on journey, says Sachin Patel, head of corporate DB
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NewsStaples pension fund concludes buyout with Aegon
The Dutch company pension scheme, with €660m in assets under management, has been closed since 2015
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NewsBaker Hughes completes three buy-ins worth £900m with PIC
The transactions secure pensions of over 3,000 pensioners and dependents, and nearly 4,000 deferred members
