Defined benefit – Page 3
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NewsBP Pension Fund completes £1.6bn buy-in with L&G
L&G provided the fund with a Gilt-based price lock using the fund’s Gilt holdings
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NewsSG Pension Fund completes £160m buy-in with Aviva
Portakabin, the pension fund’s sponsor, will see the transaction secure the benefits of more than 1,900 members
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NewsPPF scraps levy as UK Pension Schemes Bill progresses
The move saves defined benefit schemes and their sponsoring employers collectively £45m
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NewsFenwick pension schemes complete £113m buy-in deals with Aviva
The transactions secure all remaining benefits for members of the Fenwick Limited Superannuation Fund and the Fenwick Senior Executive Pension Fund
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NewsUltra Electronics Pension Scheme completes £250m buy-in with Just Group
The transaction secures the benefits of over 1,000 pensioners and dependants, as well as over 750 deferred members for the UK-based defence and security company
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NewsWTW targets German small and medium-sized pension funds for buyout deals
Current disruptions in industries are prompting companies to rethink their structures, with offloading pension liabilities as part of the process
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NewsSpecialty materials producer completes buy-in deal with Rothesay
The full scheme buy-in deal, worth £105m, protects the pensions of 1,341 members across two pension funds
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NewsBarnett Waddingham rolls out new service to help trustees track investment strategy
Lighthouse, the new service, is a smarter, more responsive way to monitor investments
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NewsHymans Robertson unveils service for defined benefit funds to strengthen governance
The new service aims to help companies develop thorough oversight of their pension funds
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NewsQuest UK Pension Scheme completes £134m buy-in with Aviva
The deal marks the second transaction between the plan sponsor, flavours and fragrances company Givaudan UK, and Aviva
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NewsClothing retailer pension scheme rescued following regulator’s intervention
Members are now expected to receive their full benefits under the pension plan as they fall due
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AnalysisIPE DACH Briefing: DC plans gain momentum in Germany
GEW, an education trade union, decided to join existing social partner models to DC pension plans for employees in private schools and universities
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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
