Derisking

Full year 2016 volumes for pension buyins and buyouts (also known as bulk annuities) by UK pension plans totalled £10.2bn, according to LCP. This includes the £1.2bn buyin by Phoenix Life with its...
Pre-negotiated legal contracts and standardised off-the-shelf processes are two of the major evolutionary developments that are continuing to shape the longevity hedging and bulk annuity markets,...
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has concluded a pension insurance buy-in with the Trustee of the Alcatel-Lucent Pension Scheme for a...
Strong pipelines, greater engagement from smaller schemes and innovation driving improved buy-in affordability are some of the key developments expected to feature in the de-risking market in 2017,...
Michael Walsh, UBS Asset Management, has some advice for trustees facing the challenge of generating income in a de-risking portfolio
Legal & General Group Plc (“Legal & General”) has completed a £1.1 billion pension buyout for the Vickers Group Pension Scheme – part of the Rolls-Royce Group – covering over 11,000 members....
The trustee board has a crucial role to play in spotting opportunities to de-risk, explains Ben Stone, PricewaterhouseCoopers
A total of £2.7bn of pension buy-ins and buy-outs were completed by UK pension plans in the first half of 2016 marking a slower start to 2016 than in recent years (H1 2015: £4.4bn). LCP partner,...
A £1bn longevity swap has been agreed with Abbey Life Assurance Company Limited , a wholly-owned subsidiary of Deutsche Bank AG, covering around 4,000 pensioner members of the Manweb Group of the...
Scottish Widows has secured a £630m pensioner buy-in with the ICI Pension Fund – the insurer’s largest external bulk annuity transaction to date. This buy-in, which covers over 4,000 of the Fund’s...