Pension agreement of the year Paternoster and Emap

Amid the increase of activity in the bulk purchase annuity sector, Paternoster's move to become scheme sponsor and assume data risk for publishing company Emap has broken new ground

Economic theory suggests that increased competition has two main benefits for consumers - falling prices and greater innovation - and the UK's bulk purchase annuity sector's move from a duopoly to a market containing over a dozen members has been a case in point.

The past 18 months have seen a slew of innovative ideas - partial buyouts, syndication of large deals and longevity hedges to give just three examples - but Paternoster's decision to become scheme sponsor and assume all the data risk for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here