As the derisking options for small defined benefit pension schemes increase, experts from Stephenson Harwood and Mercer share insights on how pooled arrangements have been able to secure insurance deals for some of the smallest clients.
The market for small pension scheme buy-ins remains robust even as larger deals are being announced, according to consultancy firm Quantum Advisory.
A roundup of the latest bulk annuity market news, including a full scheme buy-in for Aston Martin Lagonda and Isio’s micro scheme service reaching 20 transactions.
The Pension Protection Fund (PPF) is consulting on changes to its liability valuation methods in light of increased competition in the bulk annuity market.
Two innovative buy-ins were announced this week, featuring a with-profits element and residual risk cover while negotiating potential conflicts of interest.
The small end of the bulk annuities market remains vibrant, with sub-£25m deals completed by a number of insurers.
The FTSE 100-listed engineering company has now insured its entire defined benefit pension scheme through a series of transactions over the past few years.
Pension Insurance Corporation has completed a £4.3bn buyout of the Rolls-Royce Pension Fund in nine months, a transition aided by a new administration partnership with Brightwell.
Bulk annuity market capacity and pricing dynamics could shift in the months ahead as larger pension schemes seek to tap the insurance market, according to Standard Life.
Pensions Expert analysis shows which law firms, professional trustees and consultants are most active in the bulk annuity market.
Rothesay is the latest company to launch a dedicated service for pension schemes below £100m, while rival insurer Pension Insurance Corporation has secured a £35m buy-in with a music education company’s scheme.
With appetite for ‘run on’ and other alternative endgame solutions on the rise, will there be a knock-on effect on the bulk annuity market? Jon Yarker reports.