NN Group (NN) announces today that its subsidiary NN Life has completed three transactions to transfer the full longevity risk associated with in total approximately EUR 13.5 billion of pension liabilities in the Netherlands. This […]
An increasing number of people aged over 65 are using equity release products to pay off debts and mortgages. Customer data from LV= shows that 27% of customers in 2019 used equity release to clear […]
Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £38bn at the end of November to £40bn on 31 […]
The bulk annuity market is set to return to ‘normal’ levels in 2020 with £30bn worth of deals expected over the course of the year, according to Willis Towers Watson. This is down from an anticipated […]
This news is from the Pensions Regulator office; a government agency overseeing the Peoples Pension scheme. It’s been a long, somewhat patchy, roll-out, with lower paid and part-timers initially exempt from the scheme, but those […]
More consumers than ever are looking to invest their savings in ethical funds, rather than worry about making as much money as possible. On top of that the EU is planning more regulation for the […]
Phoenix Group, Europe’s largest life and pensions consolidator, today announces that it has completed a £144 million bulk purchase annuity with the Trustee of the Aegon UK Staff Retirement and Death Benefit Scheme. The insurance […]
Phoenix Group, Europe’s largest life and pensions consolidator, announces that it has completed a £460 million bulk purchase annuity with the Trustee of the Marks and Spencer Pension Scheme covering a further portion of its […]
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