Risk Reduction

Move aims to increase store of future profit and help catalyse asset management growth

The full buy-in secures the benefits of all 618 scheme members

Risk reduction transaction secures benefits for 189 pensioners and 87 deferred members

The deal secures benefits for all the scheme’s deferred and pensioner members

Transaction insures DB liabilities of around 500 members

Aon says schemes should have clear strategies, be flexible and plan ahead to get insurance

Third buyout with the scheme means L&G has now insured £2.5bn of the plan’s liabilities

Barnett Waddingham DB End Gauge Index falls to 4.7 years to buyout

SPP poll finds bulk annuity transactions are on the agenda for many

Hymans Robertson says sponsors need plans to ensure efficient utilisation of surplus