Risk Reduction

L&G says global PRT market is on target for a ‘transformative’ period

Transaction secures the benefits of 124 deferred members and 125 pensioners

Bulk annuity transaction secures the benefits for all 156 members of the scheme

Aggregate surplus at around £211bn, a monthly increase of £5bn

Transaction secures the benefits of 15,000 pensioners and 21,000 deferred members

Transaction secures the benefits of all remaining 122 deferred scheme members

Transactions insures the benefits of 6,500 scheme members

Broadstone Sirius Index records fully hedged scheme position at 70.9%

Third deal between the pair takes de-risked liabilities with Rothesay to £4.5bn

The deal secures the benefits of 341 pensioners and 271 deferred members