Q3 2010 was notable for the contradictory trends in the pension risk transfer market and underlying asset volatility, according to Pension Insurance Corporation’s Q3 2010 Pension Risk Transfer Index, published today. Overall affordability remained relatively stable, due to increases in the asset markets offsetting the fall in long-term interest rates pushing up liabilities.
Pension Insurance Corporation insures the Arnold Laver Pension Scheme: Innovative way to address deficit
Pension Corporation, the leading provider of risk management solutions to defined benefit pension funds, today announces that the Trustees of the Arnold Laver Pension Scheme ("the Scheme") have entered into a pension insurance buyout agreement with Pension Insurance Corporation ("PIC").
Pension Corporation, a leading provider of risk management solutions to defined benefit pension funds, today announces that Pension Insurance Corporation has agreed with Alliance Boots to insure the Alliance UniChem UK Group Pension Scheme for its 3,000 members in a pension insurance buyout. This is the smaller of Alliance Boots’ principal UK pension schemes.
Barnett Waddingham, the leading independent firm of actuaries and consultants, and Pension Corporation, the leading provider of risk management solutions to defined benefit pension funds, today announce that the Trustees of the Alitalia Italian Airlines Pension and Assurance Scheme ("the scheme") have entered into a pension insurance buy-in with Pension Insurance Corporation ("PIC") to stabilise the scheme's funding position. The scheme is currently within a PPF assessment period following the Administration of Alitalia (the sponsoring employer of the scheme) in 2008. At the time the company collapsed the Italian Government owned 49.9% of the shares.
With pension reform high on the new Government's agenda, Pensionomics.com launches today, seizing the moment to help fuel the pensions debate. Launched as a resource for anyone wanting to contribute to the debate or research in this vital field, Pensionomics.com is a new website which provides easy, free and open access to industry-wide commentary and research on the pensions landscape in the UK and internationally.