All Defined benefit articles – Page 2
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NewsMoving from buy-in to buyout: How fast can schemes go?
The pensions industry seems split over how quickly insurers can convert the huge number of buy-ins completed in recent years to full buyouts.
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NewsBulk annuities latest: Mirror publisher locks in £270m buy-in with M&G
A round-up of the latest bulk annuity announcements, including a £60m deal for Bodycote’s UK pension scheme and a £7m deal for financing and leasing company Black Arrow’s retirement fund.
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NewsWhat AI is telling your members about their pension scheme
PensionBee has flagged the increasing prevalence of ‘zero click’ searches that rely on AI-generated content, while consultancy Quietroom warns on serious flaws in how large language models summarise pension scheme information.
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NewsSmiths News faces TPR action over collapsed firm’s DB scheme
The media distribution company could receive a bill from the regulator related to the DB scheme of a former subsidiary, which entered administration after being sold in 2020.
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NewsTechnology giants download pension risk through buy-ins
Technology companies IBM and Sopra Steria have insured defined benefit liabilities through buy-ins announced today, as the flurry of bulk annuity announcements continues.
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NewsBulk annuities latest: L&G and Just Group announce transactions
Four schemes secure member benefits with buy-ins, with more than 1,000 pensions insured in deals worth a combined £97.4m.
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NewsThe growing importance of member service through buy-ins
Insurers need to provide greater transparency around their member services provision, according to a new report, as post-transaction considerations are becoming increasingly important in bulk annuity deals.
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NewsM&G insures engineering firm’s DB scheme; Canada Life reveals bumper Q4
Engineering company Senior has insured its defined benefit scheme through a £180m buy-in deal with M&G, while Canada Life has unveiled its 2025 results including a bumper fourth quarter for bulk annuity activity.
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OpinionThe Friday Takeaway: DB isn’t dead, it’s just resting
Excitement is building over collective DC and the traditional DC market is facing significant change, but we mustn’t forget about defined benefit, says Nick Reeve.
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NewsCosmetics company insures DB scheme with M&G in £235m deal
Avon Cosmetics has secured its defined benefit pension scheme through a £235m buy-in with M&G, covering more than 3,000 members.
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NewsDC expansion driving pension growth worldwide, study shows
The Thinking Ahead Institute’s latest study of global pension assets shows the UK to have slipped down the rankings in terms of assets under management.
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NewsBulk annuities roundup: Trio of deals announced insuring 3,600 members
Rothesay, PIC and Just Group announce buy-ins worth a combined £407m as the competitive de-risking market continues to offer options to trustees.
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In DepthIn Depth: The evolution of bulk annuities as WTW eyes £70bn market in 2026
Could the defined benefit risk transfer market exceed £70bn in 2026? WTW’s experts certainly believe so, and there is a lot of evidence to support the continued vibrance of the bulk annuities sector, as Nick Reeve reports.
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NewsStandard Life targets full buyout in four months for £700m Deloitte scheme
The insurance company has agreed to take on GMP equalisation work as part of efforts to meet a buyout deadline of April 2026.
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NewsHarwich docks scheme with £45m Royal London buy-in
Source: Jackie Matthews/Shutterstock A view of Harwich port in Essex Royal London has insured the Harwich Haven Authority Pension Fund through a £45m full scheme buy-in covering all 170 members.
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NewsSchroders lands £3bn fiduciary mandate from E.ON scheme
Schroders will take on the management of the portfolio for the £3bn E.ON UK Group pension fund, which is part of the £29bn Electricity Supply Pension Scheme.
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NewsMaritime company anchors DB scheme with £55m buy-in
The deal covers 667 members of the Bibby Line Group Ltd Pension Scheme, sponsored by Liverpool-based financial services and maritime company Bibby Line Group.
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NewsDB members confident in pensions but unsettled by buyout, research finds
Standard Life’s latest research suggests that members may need greater reassurance when their pension scheme is going through a bulk annuity transaction.
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NewsConstruction assessment company insures DB scheme with Aviva
The British Board of Agrément has insured its defined benefit pension scheme through a £20m buy-in with Aviva, covering 39 deferred and 82 pensioner members.
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NewsVeterans’ charity secures pension scheme in £16m buy-in
Just Group has completed a £16m buy-in for the defined benefit pension scheme of a military veterans’ charity, Royal Star & Garter, which runs care homes and services for veterans and their partners living with disability or dementia.