It has been another bumper year in the risk transfer market, with figures for 2021 showing £43.8bn of bulk annuities transferred and £15.2bn of longevity swaps. Aon’s 2021 UK Risk Settlement Market...
Aon Wealth has appointed Alison Murray to the new role of head of public sector. In this role, Murray will have oversight of Aon’s services to the Local Government Pension Scheme (LGPS)...
Total pension scheme buy-in and buy-out volumes hit £27.7 billion in 2021, the third-biggest year on record, according to Hymans Robertson. A total of £27.7bn was confirmed across around 100 transactions during...
Trustees of the MP’s defined benefit pension scheme will divest from all investments linked to Russia, including HSBC, after a cross-party group of more than 60 MPs raised concerns about investments. At...
The fiduciary duty to protect members’ interest must always take primacy over their moral, ethical or ESG concerns, even in relation to investments in Russian assets as the country invades Ukraine, The...
Standard Life, part of Phoenix Group, has made three hires to its defined benefit solutions business. Kieran Mistry joins as senior business development manager and Alex Webb and Lauren Doherty join as...
Companies should take more control of their valuation process as they approach forthcoming triennial valuations warns Hymans Robertson. Trustees, rather than the company, took the lead at the latest valuation, according to...
Abrdn and XPS Pensions Group will launch a new DB pensions master trust in the second quarter of 2022. Abrdn has formed a strategic alliance with XPS Pensions Group. The asset manager...
Pension funding level have remained resilient over the past month, despite the crisis in Ukraine causing disruption and volatility across global markets. XPS’s DB UK funding tracker shows that total scheme assets...
Reform of the divorce laws in April could lead to fewer couples sharing pensions, potentially disadvantaging many women. LCP partner and former pension minister Steve Webb and specialist barrister Rhys Taylor have...
