Business

Phoenix Group Buys M&S Bulk Annuity

Phoenix Group, the UK’s largest long-term savings and retirement business, today announces that it has completed a £360 million bulk purchase annuity with the Trustee of the Marks and Spencer Pension Scheme. This buy-in marks […]

Life/Health/Critical illness

L&G Agrees Bulk Annuity Deal With BHS Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £2.5 million bulk annuity transaction with the Trustee of The BHS Senior Management Scheme (“the Scheme”), securing the remaining members’ […]

insurance marketing

Ethical Investment: Clarity AI Wins More Funding

Clarity AI announced today that it has closed a USD $15 million funding round led by Deutsche Börse AG and co-investor Mundi Ventures. Clarity AI empowers investors to manage the impact of their portfolios through […]

Life/Health/Critical illness

Retirement A Distant Dream? Aviva App Offers Mid-Life MoT

Over half (52%) of people in their mid-life have never calculated when they can afford to retire according to latest research from Aviva as it launches its new Mid-Life MOT app to help provide consumers […]

Business

Aviva Makes Bulk Purchase with TI Group Pension Fund

Aviva has announced that it has completed a £142 million bulk purchase annuity buy-in transaction with the TI Group Pension Scheme, whose sponsoring employer is Smiths Group, a leading industrial technology company. Aviva will insure […]

Insurance & Reinsurance

Legal & General Makes Hitachi Pension Scheme Buy

Latest from L&G as they buy-in on Hitachi pension scheme; Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £275 million buy-in transaction with the Trustee of the […]

News

EIOPA Report on Financial Stability & Reinsurance Published

Today the European Insurance and Occupational Pensions Authority (EIOPA) published its July 2020 Financial Stability Report of the (re)insurance and occupational pensions sectors in the European Economic Area. During the last months, the Covid-19 outbreak […]

Insurance & Reinsurance

Mercer Advises on UBS Pension Scheme Longevity Swap

Mercer acts as the lead commercial and investment adviser to the Trustee of the UBS (UK) Pension and Life Assurance Scheme (the “Scheme”) as the scheme enters into £1.4 billion longevity hedge. The swap covers roughly £1.4 billion […]