Partnership secures record-breaking £206m medically underwritten buy-in

clock

Partnership has completed a £206m buy-in covering high value members of a "multi-billion pound scheme" in the biggest medically underwritten bulk annuity deal to date.

The deal insures benefits of members with the largest pension pots, and was completed following a competitive tender involving three other insurers. The firm said this deal pushed the boundaries...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

South East Water Pension Scheme secures £120m buy-in deal with Just Group

South East Water Pension Scheme secures £120m buy-in deal with Just Group

Second transaction with the scheme means all member benefits are now insured

Holly Roach
clock 14 April 2025 • 2 min read
Escrow: The unsolved solution to pension problems?

Escrow: The unsolved solution to pension problems?

LawDeb and Dentons look at the use of escrow to solve problems such as trapped surplus

James Rickards and Carolyn Saunders
clock 14 April 2025 • 4 min read
L&G secures £800m for smaller schemes through its tailored solution

L&G secures £800m for smaller schemes through its tailored solution

Most transactions with service were with clients of L&G’s asset management business

Jasmine Urquhart
clock 10 April 2025 • 1 min read
Trustpilot