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The equity release market recorded a slowdown in Q1 2026, as global uncertainty weighed on consumer decision-making and delayed completions, according to new data from UK industry group the Equity Release Council.
160m bulk purchase annuity buy-in was completed in March 2026 and secures the pension benefits for all 2,216 of the scheme’s members, comprising 1,108 members with pensions in payment and 1,108 deferred members.
CMT will use the proceeds of this issue to refinance outstanding indebtedness, acquire mortgages originated by HomeEquity Bank, and to fund ongoing operations.
Funded reinsurance transactions involving UK life insurers will face enhanced regulatory requirements under new proposals unveiled today by the Prudential Regulation Authority.
There are new rules around surplus extraction as well as a permanent regime for the superfund market which could impact the DB pension de-risking market going forward.
£11m bulk purchase annuity buy-in with Just Group. The deal secures the benefits for 147 scheme members.
All 500 members of the Videndum DB scheme and £43m of assets will transfer to the Clara Pension Trust, which will see Clara inject additional ringfenced capital into the scheme.
The latest results of its Milliman Pension Buyout Index (MPBI) shows that during March, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process climbed 40 basis points, from 100.5% to 100.9% of a plan’s accounting liabilities.
Having entered into a full scheme pension buy-in with the trustees of the Noble Foods Limited Pension Scheme in April 2025, Utmost Life and Pensions has now issued 455 individual buy-out policies to scheme members and dependants less than a year after entering into the initial buy-in contract.
The transaction secures the benefits of 13 deferred and pensioner members with L&G and represents the second transaction completed under Isio’s PenUltimate Micro framework.