Deal comes as part of umbrella contract implemented as part of earlier transaction
The proportion of deferred members totalled around 80% of scheme liabilities
K3 Advisory and Cartwright support deal with large proportion of deferred members
The full buy-in transaction was signed in December for an undisclosed sum
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
K3 Advisory issues warning to schemes to keep on top of preparations
Our monthly round-up of the most important articles PP has published over the last month
Pensioner-only transaction forms part of insurer’s first half bulk annuity deals
NI contribution and dividend tax increases will help fund NHS backlog and social care reform