Eddie Truell has secured £400m (€420m) in fresh ... JPMorgan has contributed £60m, with the remainder of ... It is believed that PC has also reopened...
Pension Corporation, the retirement-fund buyout group, has insured ... Thorn Limited, the company that has transferred its ... The unusual situation has arisen because Pension Corporation ... It acquires schemes through insurance buyout deals, in ... The latter alternative is cheaper because it is...
Pension Corporation, the pensions buyout company, has tapped ... The pensions buyout company and the US bank ... Other existing investors in Pension Corporation, including JC ... Pension Corporation said it is looking to raise ... Edmund Truell, chief executive of Pension Corporation, said:...
Philip Moore, who quit the helm of UK ... The move echoes that of another Friends Provident ... In this role, Moore will be responsible for ... Moore has most recently been chief financial officer ... He spent nine years at PwC in the...
Insurers that specialise in taking on companies’ pension ... Tough market conditions have shown finance directors that ... Last month marked the biggest deal in the ... Paternoster and Pension Corporation have also chalked up ... Chris Wales, a managing director at pensions insurer...
Swiss Re, the insurance group, is to step ... The Swiss insurance giant is one of the ... The relationship between the two firms has been ... However, Richard Farr, head of Swiss Re's 25-strong ... It is also looking at products designed to ... But Farr said there was space for a...
Pension Corporation is poised to acquire rival Synesis ... Meanwhile, S&P analyst Tony Silverman has warned that ... Many Synesis employees - including finance director Rob ... The move follows Synesis shareholders’ frustration with its...
Pension Corporation, a pensions buyout business run by ... Sherif Zakhary, the former UK chief executive of ... Many of these responsibilities were previously held by ... Petra Peliskova, Crosswell's former deputy at Pension Corporation, ... Zakhary joins from MetLife, where he led the...
John Coomber, former chief executive of Swiss Re, ... Coomber, who joined the Swiss insurer in 1973 ... He will also remain a non-executive at Swiss ... The firm has £1bn (€1.3bn) in share capital, ... The insurance buyout business, in which companies pay ... Companies such as bingo hall operator Rank Group,...
Standard Chartered is evaluating a possible sale of ... Potential suitors include Legal & General, Paternoster, Eddie ... If Standard Chartered, which has a market capitalisation ... The news comes as the industry sees hectic...
Pension Corporation, one of the entrants into the ... The increases come despite the fact that its ... Senior among the hires and promotions are Roger ... Other additions to the firm’s 32-strong partnership include ... The market for offloading pension schemes to specialist...
The small-cap property development firm Raven Mount has ... Raven Mount will transfer the £65m (€82m) fund ... Raven Mount has been looking to offload the ... In the firm's results statement, he said: "I ... He added: "This will only add further pressure ... The market for insurance buyouts, where schemes' assets...
Pension Corporation, a UK retirement scheme insurer, is ... The new insurance policy is being offered through ... Rising life expectancy in the UK is a ... The UK Pensions Regulator estimates an extra year ... John Fitzpatrick, a partner at Pension Corporation, said ... He said: "It was not that many years...
Guy Hands’ Terra Firma vehicle faces up to ... EMI is in the process of exploring a ... The trustees have asked the Pensions Regulator to ... Ian Smellie, chairman of the trustees, said an ... Trustees have sought the Pensions Regulator's intervention in...
Companies in the UK have increased their estimates ... Richard Willets, a partner at buyout insurer Paternoster, ... Addressing Financial News' European Pensions and Savings Summit ... "Now it is rare to see a scheme ... Willets spoke at a conference session discussing the...
Proposals by the UK Government to further strengthen ... The Department for Work and Pensions yesterday proposed ... Currently the Regulator can issue these directions only ... The Government also intends to make sure bulk ... Louise Inward, a partner at PwC, said in ... The consultation follows last week's judgement from the...
The UK's Pensions Regulator, charged with safeguarding scheme ... As a result of the ruling, Pension Corporation ... The ruling relates to the company's acquisition of ... A spokeswoman for Pension Corporation said: "We are ... The Regulator's pronouncement has implications for Pension Corporation's...
The troubled relationship between trade unions and private ... Unite, the union, met with the pensions minister ... The trade union says it wants to prevent ... It has explicitly referred to Pension Corporation's takeover ... It is a debate Edmund Truell, chief executive ... In a statement this morning Pension Corp refuted...
Pension Corporation, the buyout venture established in 2006 ... Aga, which has a market capitalisation of £370m ... When Pension Corporation, which buys holdings in companies ... Citigroup stole the limelight with its buyout of ... But Pension Corporation provoked a media frenzy three...