The 3i Group Pension Plan has agreed a £650m buy-in with Legal & General (L&G), insuring the remaining benefits within the scheme.
The Tate & Lyle Pension Scheme has completed a £930m full buy-in with Legal & General (L&G), insuring benefits for around 4,800 members.
The 3i Group Pension Plan has agreed a £95m bulk annuity transaction with Legal & General (L&G).
Schemes and providers must consider having a default option for the decumulation stage, according to industry participants at a National Association of Pension Funds (NAPF) seminar.
Former MacFarlanes partner Jane Marshall has set up a consultancy to advise employers, in-house lawyers and trustees.