Risk Reduction

New valuation rules would give flexibility for schemes, but care needed to protect members

While buyout is still viewed as a gold-standard, many are now considering run-on as an option

Deal secures the benefits of all 368 pensioners and 493 deferred members

The full scheme buy-in deal secures the benefits of 438 uninsured members

Launch follows pilot scheme last year which saw more than 20 schemes transact

XPS says PPF could support viable DB schemes with insolvent sponsors to reach buyout

Bulk annuity transaction secures benefits for 113 pensioners and 289 deferred members

Risk reduction transaction secures benefits for 52 pensioners and 17 deferred members

Buy-in for acquirer of legacy insurers fully insures benefits of all 388 members

Transaction secures benefits for more than 700 pensioners and deferred members