All Defined benefit articles
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NewsMaritime company anchors DB scheme with £55m buy-in
The deal covers 667 members of the Bibby Line Group Ltd Pension Scheme, sponsored by Liverpool-based financial services and maritime company Bibby Line Group.
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NewsDB members confident in pensions but unsettled by buyout, research finds
Standard Life’s latest research suggests that members may need greater reassurance when their pension scheme is going through a bulk annuity transaction.
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NewsConstruction assessment company insures DB scheme with Aviva
The British Board of Agrément (BBA) has insured its defined benefit (DB) pension scheme through a £20m buy-in with Aviva.
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NewsVeterans’ charity secures pension scheme in £16m buy-in
Just Group has completed a £16m buy-in for the defined benefit (DB) pension scheme of a military veterans’ charity, Royal Star & Garter.
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NewsCabinet Office to provide hardship loans to Civil Service pensioners, union says [updated]
The Cabinet Office plans to support some Civil Service pensioners as administration provider Capita struggles to cope with a backlog of tens of thousands of cases.
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NewsABI launches bulk annuity board in governance shake-up
The new Pension Insurance and Investment Board will be chaired by Just’s David Richardson and is one of four product committees that will report to the trade body’s main board.
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NewsVLK wins £2.5bn fiduciary mandate from engineering company schemes
Van Lanschot Kempen will oversee the investment of £2.5bn across the Lafarge UK Pension Plan and the Aggregate Industries Pension Plan, both sponsored by Swiss company Holcim.
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NewsBulk annuities latest: Isio launches small scheme service
Plus: Cheesemaker Primula spreads pension risk through £6.6m buy-in with Pension Insurance Corporation.
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NewsFirst Actuarial offers financial wellbeing tool to charities
In a recent survey of the charity sector, the consultancy highlighted contrasting fortunes among non-profit groups’ pension schemes – something it aims to address through a renewed partnership.
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NewsFinnair lands buyout deal for DB scheme in record time
Finland’s largest airline has insured its UK defined benefit pension scheme, completing the journey from buy-in to buyout in less than two months.
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PodcastsAlways A Pensions Angle: Probing amendments and Panglossian optimism
Nick reports from wet and windy Scotland (with trainee guide dog Jenny) as he and Tom dissect the Pension Schemes Bill’s journey through the House of Lords, and mull over what the US’s recent actions mean for portfolios.
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NewsRoyal London insures Oxford Instruments scheme in £213m buy-in
The deal marks the insurer’s second biggest buy-in to date and secures the benefits of more than 1,600 pension scheme members.
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NewsSmall scheme buy-ins driving bulk annuity market as streamlined services thrive
More than 350 bulk annuity transactions were completed in 2025, according to a new estimate, as streamlined processes have opened up the market to smaller pension schemes.
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NewsM&G eyes bulk annuity expansion after crossing £1bn mark in 2025
Bulk annuity providers M&G and Just Group have reported on their new business volumes for 2025 amid increasing competition among insurance companies.
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NewsBulk annuities latest: PIC ties up Dr Martens scheme; PMI seals buyout
Plus: Broadstone reveals five micro deals completed in the second half of 2025 as part of the test of Aviva’s new Clarity service for small schemes.
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NewsPMI seeks to upskill offshore pension administration provision
The PMI’s chief customer officer is to visit India to meet with staff from administration providers as part of a plan to “raise professional standards across the UK pensions ecosystem”.
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NewsEmployer group hits out at Teachers Pension Scheme costs
Failure to address the spiralling cost of the Teachers’ Pension Scheme could lead to “institutional failure and closure” of universities that are mandated to participate, according to the Universities and Colleges Employers Association.
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NewsTrafalgar House upgrades digital member communications through Smart partnership
The upgrade will initially focus on retirement communications, before being rolled out across a wider set of member communications, the administrator has announced.
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NewsVidett acquires corporate governance firm Bridgehouse
Professional trustee group Vidett has acquired Bridgehouse Company Secretaries, a corporate governance, risk and regulatory compliance service provider, as it seeks to expand its service provision.
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OpinionAMNT: When is your pension like a Mars bar?
Maggie Rodger, co-chair of the Association of Member-Nominated Trustees, highlights the effects of changes to accruals and contributions made in the wake of the financial crisis, and how these should influence surplus discussion.