Pensions
Clarks Footwear, Pension Insurance Corp. Complete $677M Annuity Buy-In
The pension risk transfer will cover 8,000 beneficiaries and could set the stage for a record-setting year in transaction volume.
Tag: Pension Insurance Corporation
Regulation
Old British Steel Pension Secures $2.6 Billion Buy-in; Buyout Expected in 2021
UK pension lifeboat PPF said the plan is better funded than expected.
Risk
British American Tobacco in £3.4 Billion Pension Buy-In Deal
Fund is fifth FTSE 100 pension plan to complete risk transfer transaction in 2019.
Asset Allocation
Abu Dhabi Investment Authority Buys 21% Stake in Top UK Pensions Firm
Sovereign wealth fund aiming to hit 2-8% private equity target.
WPP De-Risks £140 Million in DB Liabilities
The pension insurance buy-ins cover communication giant’s five pension plans.