Several industrial companies have recently implemented transactions to permanently divest legacy contingent liabilities. In ...

The Pension Protection Fund levy is a potentially significant liability for a UK defined benefit pension scheme, but it can be reduced by the use of contingent assets. Three types of contingent asset ...

Broadcaster Granada is appealing a High Court ruling in an attempt to recover £40m of gilts from one of its pension schemes, but lawyers say the case could jeopardise other employers’ non-cash ...

This chapter discusses the valuation of assets and liabilities under Solvency II. Given that strategic asset allocation and investment management are key aspects of an insurer’s business, especially ...