Full-scheme buy-in covers Timpson’s 369 pensioners and 694 deferred members
Aviva, Standard Life and L&G top the provider leader board with over £5bn of deals each
K3 Advisory and Cartwright support deal with large proportion of deferred members
Deferred-heavy deal completed at the end of 2021 in midst of ‘intense market’ conditions
A total of 29 deals range in size from between £3m and £250m as H2 saw higher demand
The Baker Hughes (UK) Pension Plan has secured approximately £100m of liabilities through a buy-in with Just Group.
Just Group has launched its inaugural green bond, raising £250m and becoming the first UK insurer to launch such an asset.
The latest figures on retirement income from the Financial Conduct Authority (FCA) raise concerns about the long-term sustainability of pension payments, according to Just Group.
The Leonardo Electronic Pension Scheme has concluded a £160m pensioner buy-in with Just Group in the scheme’s first risk transfer exercise.
The Sportech Pension Scheme has entered into an agreement with Just Group for a £2.5m buy-in ahead of a planned buyout.