Northern Bank Pension Scheme completes £286m buy-in with M&G
The Northern Bank Pension Scheme has completed a £286m buy-in with M&G.
Source: professionalpensions.com
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Over half of schemes have accelerated endgame plans
More than half of defined benefit (DB) schemes have accelerated their endgame plans in the past year due to increased funding levels, research from WTW has shown.
Source: professionalpensions.com
WTW forecasts £60bn of DB de-risking during 2023
The defined benefit (DB) pensions de-risking market is likely to see one of its biggest years on record in 2023, with at least £40bn in bulk annuity transactions and £20bn in longevity hedges expected to be completed, WTW predicts.
Source: professionalpensions.com