PRA proposes about 10% capital charge on funded-reinsurance buy-ins from October
Aon expects the first half to have cleared £10bn, while XPS put the same half below that level in July.
Aon expects the first half to have cleared £10bn, while XPS put the same half below that level in July.
The capital is expected to be drawn over five years.
The consolidator will take more than 400 members and approximately £40m of assets from an unnamed scheme into its pooled section for smaller schemes,...
BPA Plus, launched in February, leaves roughly 80% of the economics with the With-Profits Fund and has already beaten 2025’s full-year annuity volumes;...
The transfer had already received approval from DNB.
Competitive retiree buyout cost rose 10 bps to 99.7% of accounting liability in the July reading, published 31 August 2026, while average pricing climbed to...
The transaction secures benefits for more than 3,000 pensioners and 4,000 deferred members.
The transaction secured benefits for all 16,400 members of the Wood Pension Plan.
Standard Life will contribute £500m over five years, with partners providing a further £1.5bn.
Standard Life is contributing £500m of the initial capital alongside its new investors.