Transaction covers two schemes and three sections sponsored by the Church of Scotland

Barnett Waddingham finds average time to buyout for FTSE 350 DB schemes fell during February

Solution will provide insights into the risk characteristics of schemes

Scheme selected consultancy of administrator to ensure high-quality service for members

Scale must be done in practical way to avoid disrupting the pensions market

The country and schemes need to focus on growth and regulation must support this

Experts say industry needs to build engagement with savers so they do not make wrong decisions

Torsten Bell gives keynote speech at PLSA Investment Conference

Transaction secures the benefits of over 850 deferred members and 650 pensioners

Buy-in took place in July 2024, with buyout secured in January 2025