Forget flying cars and robotic maids – the future of smart homes is already here, nestled neatly in your smartphone and whispering convenience through voice assistants.Interestingly, 2024 promis
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The RAC (2003) Pension Scheme has completed a £1.3bn bulk purchase annuity full buy-in with Aviva. The deal, which included a novation of the scheme’s existing longevity swap and the transfer of illiq
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The Armfield Limited Pension and Life Assurance Scheme has completed a £7m bulk purchase annuity buy-in transaction with Just Group. The deal was completed in March and insures the benefits of 24 pens
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The West Bromwich Building Society Staff Retirement Scheme has completed a circa £70m buy-in transaction with Canada Life. This transaction will secure the benefits of all uninsured scheme members, co
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Asset management firm Conning’s newest report on life settlements finds that the market continues to attract a steady flow of capital, but that overall growth in the opportunity is outpacing the inves
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Applications for universal life insurance, the main type of insurance seen in the life settlement market, continued their recent decline in October, posting a -19.4% year-on-year decline, according to
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The Atradius UK Pension Scheme, sponsored by Atradius Crédito y Caución S.A. de Seguros y Reaseguros, has concluded a £190m bulk purchase annuity buy-in transaction with PIC. The deal secures the pens
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Pension consulting firm K3 Advisory has led the completion of a £2m full scheme buy-in transaction with an unnamed sponsor in the mechanical and electrical industry with Legal & General. The deal
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Brookfield Wealth Solutions is entering the UK insurance market to focus on delivering bulk annuity solutions for UK pension schemes following the approval process carried out by the Prudential Regula
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UK financial services company Just Group has completed a £17m full-scheme buy-in with an unnamed pension scheme.
The transaction, which completed in October 2024, insures the benefits of all 54 schem
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The Hays Pension Scheme, sponsored by recruitment and workforce solutions provider Hays Group plc, has concluded a £370m buy-in bulk purchase annuity transaction with Pension Investment Corporation.
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Total US single-premium pension risk transfer (PRT) premium was $14.2bn in the third quarter, up 36% from prior year’s results, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.
Y
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The Deutz Retirement Benefits Plan, sponsored by Deutz AG, a manufacturer of drive systems, has completed a bulk purchase annuity buy-in transaction with Just Group.
The transaction, worth £16m, was
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