Aviva

2023 data shows workplace savings have not increased in the last two years

Bulk annuity transaction will cover the majority of the scheme’s liabilities

Chancellor vows 'big bang on growth' to boost investment and savings as phase 1 of review

Total volumes for the year should comfortably exceed £40bn

Pensions Bill, decumulation solutions, superfunds and National Wealth Fund Bill welcomed by industry

Deal insures the benefits of around 300 pension scheme members

Scheme has less than 100 members and will now proceed to full buyout and wind up

Transaction secures the benefits of 217 deferred and pensioner members

Transaction secures the benefits of all 1,200 members of the scheme

Recognising excellence among schemes, consultants, asset managers and providers