All Buy-in articles – Page 8
-
NewsEngineering company completes DB section full buy-in
On the go: The Stantec Pension Plan (UK), which comprises the Stantec UK Defined Contribution section, Stantec UK Defined Benefit section, and Stantec Treatment Defined Benefit section, has completed a full buy-in for its Treatment DB section with Just.
-
NewsNorthern Bank agrees two buy-ins, Phoenix signs reinsurance deals
Riskwatch: A roundup of the latest derisking transactions, including Northern Bank Pension Scheme’s two buy-in transactions with Aviva, and Phoenix Group’s two longevity reinsurance transactions with a MetLife subsidiary.
-
NewsManufacturing company agrees £75m buy-in
On the go: The Triplex Lloyd Final Salary Plan has agreed a circa £75m bulk annuity transaction with Legal & General Assurance Society for the Doncasters section of the defined benefit scheme.
-
NewsGallaher Pension Scheme agrees £1.7bn buy-in, IMI derisks further
Risk watch: A roundup up of the latest derisking transactions, including the Gallaher Pension Scheme’s deal with Standard Life, and the IMI 2014 Deferred Fund buy-in with Pension Insurance Corporation.
-
NewsImperial Tobacco agrees £1.8bn deal, charity completes full buy-in
Risk watch: A roundup up of the latest derisking transactions, including the Imperial Tobacco Pension Fund’s £1.8bn deal with Standard Life, and the Royal National Mission to Deep Sea Fishermen Retirement Benefit Scheme’s full buy-in with Legal & General.
-
NewsICAEW’s pension scheme completes £50m buy-in
On the go: The £206.4m Institute of Chartered Accountants Staff Pensions Fund has completed a £50m buy-in transaction with Canada Life.
-
News2022 set to be a bumper year for bulk annuities
On the go: 2022 is set to be a busy year when it comes to derisking and could break the record for the largest transaction, according to a report from LCP.
-
NewsVesuvius completes £305m buy-in with PIC
On the go: The Vesuvius Pension Plan has completed a final buy-in with Pension Insurance Corporation, covering £305m of liabilities.
-
NewsMitchells & Butlers agrees buy-in, AvestaPolarit derisks with Rothesay
Risk watch: A roundup up of the latest derisking transactions, including the Mitchells & Butlers scheme’s £650m full buy-in with Legal & General and the AvestaPolarit scheme’s bulk annuity transaction with Rothesay.
-
NewsRisk settlements to top £45bn for third consecutive year
On the go: The UK pension risk settlement market is anticipated to see volumes of more than £45bn by the end of 2021, the third year in a row that it has reached this level, according to analysis by Aon.
-
NewsPositive outlook for bulk annuity transactions in 2022
On the go: Insurers’ appetite for bulk annuities could be heightened in 2022 after a relatively slow 2021, according to research from Barnett Waddingham.
-
NewsDerisking activity ramps up in Q3
Data crunch: Derisking activity picked up in the third quarter of 2021, as bulk annuity transactions reached their highest point of the year.
-
NewsReuters scheme agrees full buy-in with L&G
On the go: The Reuters Supplementary Pension Scheme has agreed a circa £310m full buy-in with Legal & General Assurance Society.
-
NewsDB schemes with assets above £1bn increase by 90% in 8 years
On the go: The number of defined benefit pension schemes with assets of more than £1bn has increased by 90 per cent since 2013, according to research by Barnett Waddingham.
-
NewsCharity scheme to leave PPF assessment in £30m buy-in
On the go: The John Townsend Trust Pension and Assurance Scheme has agreed a £30m full scheme buy-in with Legal & General, moving out of the assessment period at the Pension Protection Fund.
-
NewsHealthcare diagnostics scheme completes £130m full buy-in
On the go: The PerkinElmer (UK) Pension Scheme has completed a £130m full buy-in with Phoenix Group subsidiary Standard Life.
-
NewsSanofi scheme agrees £760m buy-in with L&G
On the go: The £3.1bn Sanofi Pension Scheme has agreed a £760m buy-in with Legal & General Assurance. Separately, the scheme terminated an emerging market manager and replaced it with two new managers during 2020.
-
NewsMetal Box completes £2.2bn full buy-in with PIC
On the go: The Metal Box Pension Scheme has completed a full £2.2bn buy-in with Pension Insurance Corporation, with plans to convert this to a buyout in November 2021.
-
NewsBuilders’ merchant scheme secures £8m buy-in
On the go: The £9.4m Atkinson Northern Limited Retirement Benefits Scheme has secured an £8m buy-in with Legal & General Assurance Society.
-
NewsSelecta UK scheme agrees £250m full buy-in with Legal & General
On the go: The Selecta UK Pension Plan has completed a £250m full buy-in with Legal & General Assurance.