Deal secures benefits of over 1,000 pensioners and 750 deferred members
The transaction secures the benefits of all 348 scheme members
Insurer ‘proud’ of momentum in the year since its launch into bulk annuity market
Insurer completes deals worth £1.1bn with eight schemes in first six months of year
Risk reduction transaction secures the benefits of around 200 scheme members
Transaction secures the benefits of 1,341 members across the two pension schemes
Bulk annuity transaction secures the benefits for all of the scheme’s members
Two-thirds in surplus on technical provisions basis as funding ratio reaches 104%
Insurer says the new product will provide it with ‘key competitive advantage’ in market
Fears rise over monetary policy as government borrowing costs hit highest level since 1988