£250m deal means PIC has now insured all £4.1bn of the BAT scheme’s liabilities
Buy-in secures liabilities for 425 pensioners and 150 deferred members
Trustees able to implement Paris-aligned strategies despite negative short-term risk
Our monthly round-up of the most important articles PP has published over the last month
The lifeboat fund has also appointed two new firms to its legal panel
TPR’s David Fairs says trustees need to be aware of scheme membership diversity
Chancellor Rishi Sunak ruffles feathers by leaving glaring pensions issues on the sideline
Biggest deal of 2021 so far sees 12,500 pensioner and deferred members insured
Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.
Octopus Renewables has acquired two operational UK biomass power plants in one of the largest domestic deals of its kind.