The prudential corporate pension solutions division of M&G has entered into a strategic partnership with Kuperstein Kapital and Cedar Insurance. The move is intended to strengthen M&G’s value share bulk purchase annuity...
Leading pension bodies have welcomed the DWP’s draft regulations for unlocking surpluses from DB schemes. The consultation on these regulations closes today. The Society of Pension Professionals (SPP) said the rules as...
Standard Life has expanded its risk transfer business, through a new partnership with CVC, Prudential Financial, Goldman Sachs and MS&AD. This partnership will be funded with a combined capital commitment of up...
A significant proportion of defined benefit pension schemes have yet to set their long-term funding targets, according to findings from Barnett Waddingham, part of Howden. The research surveyed 50 professional trustees of...
The Pension Insurance Corporation has concluded an £83m full buy-in with The Royal Society of Chemistry Pension Scheme, securing the benefits of all 468 scheme members. Consultancy Lane Clark & Peacock were...
Railpen, which manages the railways pension schemes, has appointed two new trustee directors. Martin Hunter and John McBridge will take up this role for the £36bn railways pension schemes, which is governed...
Zedra has appointed Payam Kazemian to lead its risk transfer capability as head of risk transfer. Zedra says this appointment reflects changing dynamics in the risk transfer market, with increasing insurer capacity,...
Disputes over DB scheme surpluses are set to grow unless employers and trustees address questions over ownership, according to a report by Hymans Robertson. In its latest paper, 'Whose surplus is it...
Trustees and corporate sponsors of UK defined benefit pension schemes should move away from treating insurance buyout as an automatic default and instead adopt an "objective-led" approach to endgame planning, according to...
Boardroom executives are now twice as likely to see DB pensions as a valuable asset, rather than a financial burden, according to research from Independent Governance Group. The trustee firm has found...
