Risk Reduction

LCP also called for insurers to make further improvements

Third risk reduction transaction with insurer covers all 350 members of the scheme

Former British Steel workers will be able to ‘reverse transfer’ their pots into a DB scheme

UK’s second ever superfund deal will provide £34m of new capital to secure pensions in full

Bulk annuity transaction secures the benefits for around 700 members

Isio says a PRO-style approach could return 17% of assets to sponsors in next decade

Buy-in and buyout volumes reach all-time high in 2023

Insurer completes two in-house deals ahead of entry into broader market for bulk annuities

Thomas Cook schemes complete £50m deal and Coal schemes complete £44m transaction

Van Lanschot Kempen says crisis increasing deficits by £4m per £100m of liabilities could be on the cards