Author: Greg Winterton
£270m deal is the third buy-in that Aviva has transacted with schemes sponsored by WM Morrison Supermarkets Limited.
BMO Insurance will issue annuities covering the responsibility for pension benefits of approximately 860 pensioners and beneficiaries.
£63m deal covers the pensions of all 570 members.
The Life Insurance Settlement Association ‘s latest Market Member Survey shows licensed life settlement providers delivered a six-times multiple over the cash surrender value to those who sold their policy last year.
The portfolio servicing component can have a significant impact on returns.
Shelly Beard, Managing Director at WTW, offers her views on the state of play in the UK pension risk transfer market as we approach the halfway point of 2025.
New report highlights recent activity and outlines challenges and opportunities in the space.
The average multiple delivered to American Seniors who sold their policy in the secondary market last year was more than six and a half times the cash surrender value.
The aggregate funding position of UK defined benefit pension funds potentially eligible for entry to the country’s Pension Protection Fund fell £13bn last month to £202.5bn, a funding ratio of 122.8%.
The transaction releases capital resources that Monument will redirect to its core strategy of consolidation in European life insurance markets.