Aviva

Transaction secures the benefits of around 19,000 pension scheme members

First Actuarial and BESTrustees worked together with insurer to help secure benefits of 59 members

Secures the benefits of 19 pensioners and dependants as well as 322 deferred members

Royal Mail CDC scheme launches, £1.5bn buy-in deal agreed, WTW proposals for fixing ‘broken’ DC sector

LCP report reveals full buy-in pricing currently sits at its ‘best level in years’

Largest BPA transaction of 2024 so far and Aviva’s largest external deal ever

New joiners take number of commercial operators in coalition to 15

Royal London enters BPA market, TPR report, two risk reduction deals, and Enplan adds scheme to consolidation platform

Deal is culmination of years of ‘prudent management’ by the trustee and secures benefits of all members

Consultancy says smaller schemes dominated market activity in H1, with £40bn of transactions predicted