Autumn Budget announcements, ECI Partners takes stake in IGG, £1.1bn buy-in deal secured
Full buy-in secures the benefits of around 4,000 scheme members
Homes were acquired by the scheme from Sage Homes, established by Blackstone and Regis Group
Scheme’s third buy-in secures benefits of 2,000 retirees and deferred members
Capita updates after ‘cyber incident’, BTPS Management rebrands, and a £400m buy-in
The BPA deal secures the DB liabilities of nearly 1,300 scheme members
Investors have placed more than £90bn in orders, reports say
Deutsche Bank AG has agreed a £570m pensioner buy-in with Legal & General for the defined benefit (DB) (UK) Pension Scheme.
Chancellor of the Exchequer Sajid Javid has resigned just under a month before he was expected to deliver the first Budget of this parliament, making him the shortest-serving Chancellor for more than 50 years.
Research finds passive funds are to increase in usage by 6% per annum at least until the end of the decade. James Phillips explores the reasons behind the increasing shift