pension buyout


Pension Corp. in £60m buy-out deal for Toray pension scheme

Pension Corporation have entered into another deal which see's them take on the assets and liabilities of a UK pension scheme. The latest transaction see's Pension Corporation take on over £60m of pension liabilities from manufacturer Toray Textiles. Toray, owned by a Japanese manufacturer has a defined benefit pension scheme in read the full article →

Pension Corp. seeking UK£400m to grow pension risk transfer market

Pension Corporation, a UK insurer of pension plans and one of the largest players in the longevity risk transfer and pension de-risking markets, is seeking additional funding totalling UK£400m from an investment of fresh capital from Luxembourg based specialist investment fund Reinet. An announcement from Pension Corp. today says that they read the full article →

Pension scheme de-risking volume set to grow

The volume of deals completed to de-risk pension schemes of their longevity and other risks looks set to grow according to a report from Hymans Robertson. Their Managing Pension Scheme Risk Report for Q1 2011 looks back at the deals done in the past quarter and ahead to the prospects read the full article →

Buyouts more popular than longevity risk hedging, according to research

Research undertaken by MetLife Assurance shows that pension fund trustees looking to de-risk their pension schemes are more interested in bulk annuity buy-ins and buy-outs than longevity hedging and longevity swaps, says an article in Professional Pensions. Last year their study showed longevity risk hedging as the second most popular read the full article →

Pension Insurance Corporation in buyout of Alliance Unichem UK scheme

Pension Insurance Corporation (PIC) has entered into an agreement with Alliance Boots to insure the Alliance Unichem UK group pension scheme. The buyout means that PIC now looks after the pensions of 3,000 members. It's becoming a very popular transaction amongst UK companies looking to offload their future pension liabilities. It read the full article →