All Defined benefit articles – Page 6
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NewsSPP highlights pensions industry apprenticeships as A-level results land
As school students across England, Wales and Northern Ireland receive their A-level results, the Society of Pension Professionals has highlighted a range of apprenticeships offered across the retirement industry.
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NewsJust Group secures construction firm’s DB scheme with £23m buy-in
The transaction covers all 249 members of the ROM Group Pension & Life Assurance Scheme, including 124 deferred members and 125 pensioners.
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NewsGerman bank seals £36m buy-in with PIC for DB scheme
The transaction covers all 156 members of the Helaba (London) Pension and Life Assurance Plan, and comes a day after PIC announced its biggest deal of the year.
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NewsRolls-Royce DB scheme fully insured after £4.3bn PIC buy-in
The deal is the biggest single transaction announced this year and follows a 2019 buy-in of a similar size for the Rolls-Royce DB pension scheme.
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NewsLogistics firm locks in £7.2m buy-in for DB scheme with L&G
The deal covers 122 deferred members of the WCF Ltd Staff Retirement Benefits Scheme, and was completed in less than five months, according to lead adviser Gallagher.
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NewsMercer parent insures broker’s pension fund for £1.9bn with Standard Life
Standard Life has insured the Sedgwick Section of the MMC UK Pension Fund in a bulk annuity transaction worth £1.9bn – the insurer’s biggest single deal since entering the market in 2018.
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NewsNational Grid insures DB scheme through £900m buy-in with Rothesay
The transaction is the third buy-in the energy company has completed, following deals in 2019 and 2020, and brings the total liabilities insured to £4.5bn.
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NewsBrookfield to enter UK market through £2.4bn Just Group acquisition
North American insurance giant Brookfield will buy Just Group in a £2.4bn deal to establish itself in the UK bulk annuity market.
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OpinionCovenant comes of age: A journey from crisis to confidence
The importance of the employer covenant has helped shape UK pensions regulation, writes Arabella Slinger of the Society of Pension Professionals. The Pension Schemes Bill shows there is no sign of its importance reducing.
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NewsBritish Heart Foundation completes £37m buy-in with Royal London
The charity has insured the benefits of more than 200 members through a transaction that was completed in just 14 working days.
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NewsEngineering organisation secures £40m buy-in with PIC
The transaction secures the benefits of all 200 members of the Institution of Mechanical Engineers’ defined benefit pension scheme.
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NewsM&G backs £205m buy-in for Huntsman Pension Scheme
The deal insures the pensions of more than 660 retirees and deferred pensioners and was completed in the first quarter of 2025.
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FeaturesFive Questions For… Morten Nilsson, Brightwell
Pensions Expert spoke to Brightwell chief executive Morten Nilsson about the government’s surplus release plans, and how he envisages sharing the BT Pension Scheme’s experiences with the wider market.
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NewsChurch scheme secures £4m buy-in as smaller deals set to increase
New endgame options and macroeconomic conditions have slowed the bulk annuity market, according to Broadstone, but deals for smaller pension schemes are expected to continue to grow.
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OpinionWhy you should attend the Pensions Expert DB Strategic Summit
Dawn Turner, former chief executive of the Brunel Pensions Partnership, looks back on a busy year so far as she prepares to chair Pensions Expert’s Defined Benefit Strategic Summit in September.
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NewsHonda steers £800m buy-in with L&G for DB pension scheme
The £800m transaction secures the retirement benefits of more than 1,700 retirees and 3,000 deferred members, and included a deferred premium element to help the trustees manage illiquid assets.
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NewsUtmost reports four buy-ins for smaller pension schemes in busy first half
The deals total £177m and follow the insurer’s entrance into the UK market last year.
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NewsDB schemes ride out Q2 volatility to retain strong funding position
Ongoing tariff negotiations and the Autumn Budget are among the risks trustees must navigate over the coming months, as well as ongoing discussions around surplus release.
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OpinionThe Friday Takeaway: We’ve got bills, they’re multiplying
Defined benefit pension schemes have been left rather upset by an unexpected bill, but could be rescued by a different Bill, as Pensions Expert editor Nick Reeve explores.
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NewsEuropean insurance giant acquires Pension Insurance Corporation in £5.7bn deal
Pension Insurance Corporation, the specialist bulk annuity provider, has been acquired by European insurance giant Athora in a deal worth an estimated £5.7bn.