All de-risking articles – Page 2
-
News
BT Pension Scheme signs £5bn longevity swap deal
The deal signed with Reinsurance Group of America will cover £5bn of BT pensioner liabilities
-
News
UK roundup: Mitchells & Butlers scheme in £1.2bn buy-in with Standard Life
Plus: LGIM launches fossil fuel exclusion strategy; Qantas Airways pension fund completes £40m buy-in with PIC
-
News
United Utilities pension funds secure £1.8bn buy-in deal with Legal & General
L&G provided a bespoke price lock to the assets held by the schemes
-
News
Wave of demand for bulk annuity market expected to hit record level
Bulk annuity market doubled over the last five years, says PIC
-
News
Harrods pension scheme completes buy-in deal worth £400m
The deal secured benefits of around 1,900 pensioners and 2,100 deferred plan members
-
News
UK roundup: Church of England supports climate change resolution at Toyota AGM
Plus: Avon fund invests £700m in climate-focused assets; Aegon scheme completes buy-in deal; Teachers’ Pension Scheme picks admin
-
News
UK travel pension fund secures £900m buy-in deal with Aviva
The buy-in and eventual buyout with Aviva will ultimately result in a better outcome for the vast majority of members
-
News
UK bank pension scheme in £1.6bn longevity swap deal
Plus: Repsol Sinopec completes £160m full scheme buy-in with Rothesay
-
News
The Pensions Regulator pushes trustees on long-term funding targets
TPR’s Annual Funding Statement explains how pension funds will need to reset funding and investment strategies
-
News
Buy-in roundup: Safeway completes £1.4bn deal with Rothesay
Plus: Ibstock Pension Scheme’s £190m buy-in with Just Group; Market volatility pushes buy-in/buyout volumes
-
News
Banking sector crisis increases UK scheme deficits in March, says Broadstone
Fully hedged schemes outperform half-hedged schemes for the first time since interest rates started to rise significantly last year
-
News
UK roundup: PLSA issues stewardship and voting guidelines
Plus: LCP launches Illiquid Asset Solutions Group; PASA releases dashboards guidance
-
News
Bulk annuity volumes reach £27.8bn, according to Aon
LCP and Hymans Robertson numbers differ slightly, but point to same upward direction
-
News
L&G to enter Dutch buyout market with Lifetri partnership
According to the UK insurer, the pension reform in the Netherlands presents ‘an exciting opportunity’
-
News
UK roundup: GKN Group completes £513m pensions buy-in deal with Just Group
Plus: PMI hires Scottish Widows as master trust insight partner
-
News
RSA Group completes £6.5bn buy-in deal with Pension Insurance Corporation
This makes it the largest ever bulk annuity transaction from pension schemes to insure
-
News
UK roundup: British American Tobacco scheme completes £250m buy-in deal
Plus: NEST ends admin contract with Atos
-
Opinion Pieces
US: Sponsors back pension buyouts
In 2022, pension risk transfer (PRT) deals in the US reached a record of over $50bn (€46.5bn), according to estimates. And many industry observers expect demand from plan sponsors for PRT solutions to remain strong in 2023.
-
News
UK roundup: Tioxide Pension Fund in £430m buy-in deal with L&G
Plus: Smart Pension launches sustainable investment strategies; Pensions Management Institute partners with Phoenix CIS
-
News
Bulk annuity, longevity hedging deals set to reach £60bn, says WTW
Improved funding positions following a significant increase in Gilt yields, along with some of the cheapest pricing seen in over a decade