News

Edinburgh Reforms Will Transfer Insurer Cash Into Net Zero Projects

The long awaited reform of the EU Solvency II regulations, which essentially require large financial institutions to keep vast sums of cash locked away, rather like a tenant deposit scheme on steroids, is underway at […]

Insurance Regulation

FCA Fines Defunct PMC Over Pension Scheme Advice

The FCA has fined Pembrokeshire Mortgage Centre Limited (PMC) (trading as County Financial Consultants) (in liquidation) £2,354,331 for unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined […]

News

SCOR Completes On Balfour Beatty Pension Deal

SCOR announced today the completion of a £1.7 billion longevity reinsurance transaction covering the pensions of over 15,000 members of the Defined Benefit Section of the Balfour Beatty Pension Fund. The transaction protects the trustee […]

News

L&G Buy-In With TT Group Scheme Announced

Latest deal for L&G announced; Legal & General Assurance Society Limited (“Legal & General”) today announces it has agreed a £400 million buy-in with the TT Group (1993) Pension Scheme (“the Scheme”), securing the benefits […]

News

Pension Insurance Corporation Steps Up With Over 65s Support

More older people in England, Scotland and Wales will receive targeted support and advice on how to cope with the cost-of-living crisis, thanks to a £1.5 million donation by Pension Insurance Corporation plc (‘PIC’) to […]

Opinion

Insurers Need to Think Carefully On Pension Transfers

This latest Opinion piece is by Sai Perry, Head of Solutions Europe and Asia, Clearwater Analytics. It looks at the challenges faced by pension fund managers, as they look to navigate the choppy investment waters […]

News

L&G Agrees Buy-In On Jarvis Group Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c.£13 million full scheme buy-in for the Jarvis Group Limited Pension Plan (“the Plan”), securing the benefits of more […]