Government plans to extract the surplus from defined benefit (DB) schemes “go much further than most have realised”, LCP has said.

In this week’s Pensions Buzz, we want to know if you think using defined benefit surpluses to fund defined contribution commitments will become a mainstream way for larger schemes to run-on.

Aviva Investors has launched its fourth long-term asset fund (LTAF), which has received an initial commitment of around £150m from Aviva.

The letter outlines several priorities for schemes and employers, noting the recent developments in the UK BPA market in terms of transaction volumes and more bespoke arrangements. The firm ...

Lufthansa UK Pension Trustee has secured a £120m buy-in deal with Royal London, spanning its three UK defined benefit schemes.

Pension Scheme has completed a £25m buy-in with Pension Insurance Corporation (PIC). The full-scheme buy-in transaction – which required no additional contributions from the employer – secures the ...

Legal & General (L&G) has raised £510m to be put towards its affordable housing investment strategy, following the second close of its affordable housing fund.

The Bank of England (BoE) has opened its contingent non-bank financial institution repo facility (CNRF) for applications.

Further introduction of collective defined contribution (CDC) schemes could play an important role in tackling and improving adequacy in retirement outcomes, an industry panel has said.

The industry is divided on whether the economic policies of the Trump administration will have a positive impact on UK pension schemes’ investment strategies, a Professional Pensions poll shows.

The UK defined benefit (DB) risk reduction market could see around £70bn in total market volumes across bulk annuity transactions and longevity swaps in 2025, WTW has predicted.

MPs have voted in favour of a bill to require the government to consider compensation for women against state pension inequality (Waspi) women.