Standard Life has concluded a £700 million Bulk Purchase Annuity (BPA) transaction with the Trustee of the IBM I.T. Solutions Pension Scheme (the “I Plan”). The buy-in, covering both pensioners and deferred members, secures the benefits of over 3,600 members, while removing funding and investment risk for the I Plan. These members will continue to receive or be entitled to their benefits from the I Plan, just as they were before the transaction. Posted on Wednesday Feb 18
Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has concluded a £113 million full buy-in with the Steria Management Plan Section (the ‘Section’) of the Sopra Steria Retirement Benefits Scheme (the ‘Scheme’). The buy-in secures the benefits of all 355 Section members within the Scheme. Posted on Wednesday Feb 18
Standard Life, XPS comment as CPI falls to 3% in January, its lowest level since March 2025, following Christmas inflation bump. Softer price pressures strengthen the case for a potential March interest rate cut Posted on Wednesday Feb 18
China will aim to operate a ‘moderately loose’ monetary policy in 2026, as part of continued attempts to raise domestic demand. Many Chinese companies are opening themselves to foreign investors in a bid to fund further research and development fund ideas to gain exposure to growth and add diversity to portfolios Posted on Tuesday Feb 17
Pension Insurance Corporation plc has concluded a £155 million buy-in with the Trustee of Vistry’s Final Salary Pension Schemes, covering the pensions of 1,671 members. The transaction covers the Bovis Homes Pension Scheme, Galliford Try Final Salary Pension Scheme, and Kendall Cross Holdings Limited Pension and Assurance Scheme (together “the Schemes”), all sponsored by Vistry. Posted on Monday Feb 16
M&G plc has announced a £180 million bulk purchase annuity (BPA) buy-in, securing pension benefits for over 3,000 members of the Senior plc Pension Plan. The Plan Sponsor is Senior plc, an international manufacturer of high technology components and systems, specialist in Fluid Conveyance and Thermal Management, in the worldwide aerospace and defence, land vehicle and power and energy markets. Posted on Monday Feb 16
FTSE 100 set to open higher. Results this week from Rio Tinto, Anglo American and BAE Systems. US markets closed for Presidents’ Day, after another week of software pain. Oil prices hold steady after back-to-back weekly drop Posted on Monday Feb 16
President Trump has announced the repeal of a scientific finding that greenhouse gas emissions endanger human health. It adds to disruptive trends in financial markets, with concerns about the effects of AI adoption spreading. The FTSE 100 is set for a cautious start to trading as investors wait for a key inflation reading. Real estate companies are hit by concerns that AI will be a job killer, while networking company Cisco also sees its shares slide dramatically. Gold and silver recover from sharp declines prompted by investors pulling money from safe havens to cover shock losses. Posted on Friday Feb 13
FTSE 100 surges to new heights as demand for UK assets intensifies. US fund manager Nuveen to buy Schroders for £9.9 billion, pushing shares up 28%. UK economy remains highly sluggish, with growth of 0.1% for December undershooting expectations Posted on Thursday Feb 12
FTSE higher despite soft GDP print. US markets flat, but software selloff continues. Oil prices rise, but it’s not a one-way street Posted on Thursday Feb 12
M&G have announced a £235 million bulk purchase annuity, securing pension benefits of over 3,000 members of the Avon Cosmetics Pension Plan (the “Plan”). A global company with 140 years of influencing beauty, Avon is an iconic brand built on community. Millions of independent Representatives share Avon products with their customers, while the brand’s omnichannel ecosystem ensures consumers experience Avon whenever and however they choose. Posted on Wednesday Feb 11
Following Kevin Warsh’s nomination as Federal Reserve Chair, James Bilson, Fixed Income Strategist, Global Unconstrained Fixed Income at Schroders, examines the most relevant policy considerations for fixed income investors. Posted on Tuesday Feb 10
Standard Life has concluded a £700 million Bulk Purchase Annuity (BPA) transaction with the Deloitte UK pension scheme (DUKPS, or ‘the Scheme’) section of the Pensions Master Plan, securing the benefits of all pensioner and deferred members of the legacy defined benefit scheme. The transaction completed in January 2026 and is to be followed by an accelerated move to full buyout by April 2026. Posted on Monday Feb 9
New record in sight for FTSE 100. Gold and Silver extend Friday’s gains. Nikkei briefly breaches 57,000 after Takaichi claims a landslide. US stocks futures flat. Software sell-off presents opportunities for the brave. US CPI inflation in focus. Oil prices plummet as Saudi Arabia cuts Asian export prices Posted on Monday Feb 9
FTSE opens down this morning. Bank of England keeps interest rates flat in a close vote. US stock futures move lower as big tech continues to struggle. Gold sees prices fall as traders take profits. Oil prices on track to post first weekly decline in six weeks. Posted on Friday Feb 6
Standard Life, Wealth Club and Schroders comment as the Bank of England holds interest rates at 3.75% in its first meeting of the year. Decision underlines policy makers’ cautious approach to further easing, following December’s Christmas-fuelled rebound in inflation. New ‘neutral rate’ could be higher than 2008- 2022 historic lows Posted on Thursday Feb 5
FTSE drifts ahead of BoE and ECB rate decisions. Another $3.5bn buyback from Shell despite Q4 earnings miss. US stock futures down after bruising session for tech shares. Alphabet drops 2% after-hours despite cloud blowout. Brent Crude down 2% ahead of US-Iranian talks Posted on Thursday Feb 5
New research from Canada Life reveals a widespread lack of awareness about where important family documents and financial policies are kept, leaving millions at risk of unnecessary stress, delays and even penalties during periods of bereavement. Posted on Tuesday Feb 3
FTSE 100 nudges up in early trade. Gold has rebounded to start the week, as speculators look to take advantage of last week’s slump. Elon Musk has announced intention to combine SpaceX and xAI to create a $1.25 trillion company. Donald Trump has announced plans to cut India trade tariffs from 50% to 18%, buoying stock markets. The oil price has fallen on news that the US is in talks with Iran in a bid to ease tensions in the Middle East Posted on Tuesday Feb 3
Just Group has completed a £16 million buy-in for the Pension Scheme of The Royal Star & Garter Home for Disabled Ex-Service Men and Women. Posted on Monday Feb 2
Shock unravelling of gold and silver prices has continued. Fed chair pick sparked the sell-off but easing geopolitical tensions exacerbate falls. FTSE 100 opens in the red and Wall Street is set for a slide. Mining, energy and tech set to be under pressure as risk appetite is dampened Posted on Monday Feb 2
Only one in three UK pension schemes using fiduciary management currently has formal, independent oversight in place, despite clear expectations from regulators, according to data compiled by XPS Posted on Monday Feb 2
Footsie set to end the week flat, after stocks slip back Stateside. Gold retreats from record highs as investors take profits after its glittering run up. Brent Crude edges back lower but is still set to sharpest weekly gain in two years. Wall Street set to trade lower as speculation swirls about the next chair of the Federal Reserve. Worries rise about huge AI spend not delivering on expectations. Apple’s softly-softly approach to AI appears to be reaping rewards. Posted on Friday Jan 30
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