Scheme was able to transact within three months of deciding to go to market
Transaction secures the benefits of approximately 1,000 members
PP brings together all the appointments in the pensions industry over the past week
PP brings together all the appointments in the pensions industry over the past week
Harrods’ £400m buy-in, legal proceedings against Capita and annuity gap rises
Analysis finds gap could leave retirees potentially £500 a year worse off
ABI research finds nearly £1.2bn worth of annuities sold in first quarter of the year
Transaction fully insures the benefits for 149 deferred members and 111 pensioners
Transaction secures the benefits of 193 deferred members and 71 pensioners
All member benefits are now insured, after scheme sponsor entered liquidation in 2018