Buy-in and buyouts predicted to be around £25bn for second half of the year
Second deal for two-section scheme sees all members’ benefits now insured
Deferred-heavy deal completed at the end of 2021 in midst of ‘intense market’ conditions
Around 1,200 members were covered by the deal, with 80% of scheme now insured
Despite subdued market 2021 also expected to be third busiest year after H2 stampede
Deal also provides inflation protection for all 7,600 members of the scheme
A total of 29 deals range in size from between £3m and £250m as H2 saw higher demand
Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Full charity scheme buy-in will progress towards buyout
Third buy-in takes scheme’s insured benefits to around half of liabilities