News

YCB Pension Scheme Swap Deal Announced

Here’s the word; The Yorkshire and Clydesdale Bank (YCB) Pension Scheme has announced a longevity swap transaction with Pacific Life Re International Limited (“PL Re”) and Zurich Assurance Ltd (“ZAL”) to manage longevity risk in […]

News

L&G Announces Latest Pension Buy-In Deal

Legal & General Assurance Society Limited (“Legal & General”) announces that it has agreed a buy-in transaction with the Sleepeezee Retirement Benefits Plan 1975 (“the Plan”), totalling £18 million and securing the benefits of around […]

Global insurance trends

DB Pensions: The Times They Are a’ Changing

Latest insights into defined pension benefits from Bloomberg; Rapid change in the UK defined-benefit pension market looks to be encouraging for Legal & General, Aviva and Phoenix’s prospects, says a new report from Bloomberg Intelligence. […]

News

Levelling Up: Aviva Boosts Employer Pension Contribution to 10%

Hats off to Aviva for this move, which will make a huge difference to many employees retirement prospects in the long term. In general, private sector pensions lag way behind generous public sector pension schemes, […]

News

Global Pension Risk Transfer In Focus for LGRI

The Legal & General Group’s Global Pension Risk Transfer (PRT) businesses – Legal & General Retirement Institutional (LGRI) – today released the latest edition of the Global PRT Monitor, which analyses industry trends and market […]

Insurance Brokers

Pensions: AJ Bell Are Doing Quite Well

Royal London, Aviva and AJ Bell have topped the list of the most recommended pension providers in Defaqto’s newly released Pension Service Review. While Royal London and Aviva saw a reduction in support from advisers […]

News

L&G Agrees £430m Buy-In Deal

Legal & General Assurance Society Limited (“Legal & General”) today announces it has agreed a £430 million buy-in with the Tioxide Pension Fund (“the Fund”). The transaction, which was agreed in November, secures the benefits […]