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News in brief: Pacific Life Re and Scottish Widows PRT deals
A short summary of this week's major pension risk transfer deals
Scottish Widows hails gains from manager switch and longevity release
Dropping Standard Life Aberdeen produces one-off profit boost
Pacific Life Re strikes landmark £10bn longevity swap deal
The deal is the second largest ever seen in the UK
Bermuda's Watford Re names Liz Cunningham chief risk officer
She joins from Nautilus Indemnity Holdings
Scottish Widows offloads staff pension scheme to save £600m in capital
Transferred to Lloyds Bank as part of ring-fencing restructure
Prudential Financial seals $3.2bn longevity reinsurance deals
US insurer says deals signal healthy growth in UK pension risk transfer market
Four UK life insurers avoid customer fairness probe
Financial Conduct Authority closes investigation without enforcement action
Standard Life Aberdeen profits take a hit in "tough market"
Challenging market conditions led to a 12% drop in pre-tax profits
Plan for cyber-attacks, warns regulator
Cyber-attacks have grown and can be easily transmitted between parties, regulators have cautioned
Scottish Widows escapes scrutiny over treatment of longstanding customers
"Insufficient basis" for enforcement, FCA says