Improved DB funding and rising interest rates increased bulk annuity deals by 50% in H1
Aviva, Standard Life and L&G top the provider leader board with over £5bn of deals each
Deal with Legal & General insurers benefits 260 members
Scottish public school’s deal covers a total 95 scheme members
The firm said the move could put buyout in ‘cheque-writing distance’ for some schemes
Deal with L&G follows on from a similar £325 buy-in in 2018
The investment manager confirms it is well underway with development
Global pension risk transfer monitor estimates a significant year of deals ahead
Second deal for two-section scheme sees all members’ benefits now insured
DB and DC assets in developed market equities will be shifted towards low-carbon pioneers