All Buy-in articles – Page 2
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NewsM&G launches ‘risk-sharing’ buy-in service for pension schemes
M&G has completed an innovative risk-sharing buy-in with an unnamed pension scheme and its sponsor, insuring approximately 3,200 members.
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NewsNational Grid powers £1.7bn buy-in with Aviva
National Grid has insured the bulk of its section of the Electricity Supply Pension Scheme through a £1.7bn transaction with Aviva.
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NewsG4S agrees £1.8bn buy-in deal with Just Group
Security group G4S has insured its defined benefit pension scheme through a £1.8bn full-scheme buy-in with Just Group.
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OpinionEditor’s notes: A buy-in bonanza
NatWest’s record-breaking buy-ins illustrate a healthy market for pension fund insurance, writes Pensions Expert editor Nick Reeve.
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NewsBulk annuities update: £510m worth of benefits secured in four deals
Standard Life has secured the benefits of 2,200 people across two buy-ins worth a combined £250m, in a busy week for bulk annuity announcements.
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NewsNatWest insures £11bn through multiple buy-ins
The high street bank has conducted a series of buy-in deals this year, reportedly with Rothesay Life.
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NewsBulk annuities latest: L&G insures Deutsche Bank scheme for £1.1bn
Legal & General (L&G) has completed a £1.1bn buy-in with Deutsche Bank’s UK defined benefit scheme, securing the pensions of around 4,000 members.
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NewsMichelin insures DB scheme for £1.5bn
Tyre manufacturer Michelin has insured its defined benefit (DB) scheme for £1.5bn with Aviva, marking the biggest bulk annuity deal of 2024 so far.
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NewsBulk annuity update: Royal London completes first external deals
One of the bulk annuity sector’s newest entrants has completed its first two transactions with external pension schemes, worth a combined £130m.
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NewsHow to get pension schemes investing in productive assets
The Pensions and Lifetime Savings Association (PLSA) has set out a series of actions for government to make key areas of productive finance more investable for pension schemes.
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NewsCharity DB schemes approach full funding
Funding levels at charity defined benefit (DB) schemes have improved substantially over the past five years, according to new data.
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NewsBrookfield and Utmost to enter bulk annuity market
North American financial services giant Brookfield is set to become the latest insurance provider in the bulk annuity market.
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NewsPIC seals biggest buy-in of the year with £1.2bn TotalEnergies deal
Pensions Insurance Corporation (PIC) has completed a £1.2bn buy-in with the Total Energies UK Pension Plan, securing benefits for more than 5,500 people.
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NewsBulk annuity update: L&G targets £65bn in new business by 2028
Legal & General (L&G) expects to write up to £65bn worth of bulk annuity business by 2028, according to a business update.
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NewsThe new buyout brigade
The questions trustees should ask when considering an insurance transaction with a new entrant to the market
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NewsRethinking the DB endgame
DB schemes could be missing a trick by completing insurance transactions, according to new research
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NewsBPA boom: Who will be next to enter the market?
M&G’s re-entry into the bulk purchase annuity market takes the number of UK providers to nine, with others expected to follow by the end of the year.
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NewsM&G re-enters bulk annuity purchase market
M&G has announced a £331m buy-in transaction of the M&G Group Pension Scheme (M&GGPS), one of the group’s own pension schemes, as well as a £286m bulk annuity transaction for an external scheme.
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NewsABI’s pension scheme completes £18.4m buy-out with Just Group
The deal secures the benefits of remaining members of the Association of British Insurers (ABI) sponsored pension scheme, including 16 pensioners and 118 deferred members.
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NewsP&O announces £440m scheme buy-in
The trustee of the P&O Pension Scheme has today announced that it has agreed a £440 million buy-in with Rothesay, securing the remaining benefits of 5,300 scheme members.