Already familiar to many for their use in construction contracts and general transactions, surety bonds are increasingly used in conjunction with pension scheme funding.
Bond portfolios are under review as negative yields at home reduce income, reports Mercer.
Despite a slow start, this year is expected to see strong activity in the bulk-annuity and longevity-hedging markets.
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies improved for the final month of 2015.
Following the crisis, the changing regulatory environment and increased pressure on banks to delever has seen non-bank funding – including funding by, ... read more
An ethical approach will help pension fund trustees make the right decisions, says a report from the UK’s Institute of Business Ethics ... read more
UK food producer Dairy Crest, whose product range includes best-selling cheese, butter and milk brands, will use £60m of maturing cheddar to ... read more
Faced with the rising cost of defined benefit (DB) pension provision; driven by rising longevity, a more demanding regulatory environment and the ... read more