Largest BPA transaction of 2024 so far and Aviva’s largest external deal ever
Proposals include extending provision to whole-life unconnected multi-employer schemes
The report forms part of the pair’s Lifetime Savings Initiative and makes series of recommendations
IA makes series of recommendations for UK pensions market to boost outcomes and support growth
XPS finds the aggregate surplus of UK DB schemes hit £186bn last month
Deal is culmination of years of ‘prudent management’ by the trustee and secures benefits of all members
Full scheme transaction secures benefits of 202 pensioners and 108 deferred members
Consultancy praised the ‘prolonged period of strong funding levels’
PASA said Procentia has ‘deep technical expertise’ and an ‘understanding of the industry’s diverse needs’
Royal London speaks to PP about its entrance into the bulk annuity market