The deal is the first for the Royal Mencap Society’s pension plan
Eversheds and Aon’s bulk annuity service has now completed deals in excess of £1bn
Deal covers pensioner liabilities in the Lloyds Bank Pension Scheme No.1
Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Third buy-in takes scheme’s insured benefits to around half of liabilities
Cute photo of Eversheds Sutherland partner puppy sparks resurgence in pension pet pics
Deal agreed in June will complete following a data cleanse and true-up process
Deal agreed 13 years after first buy-in between the scheme and insurer
Third bulk annuity for the scheme after 2016 and 2018 deals with PIC and L&G
Deferred members comprised the majority of the insured 530-person cohort