Mercer

Pension overhaul, Mercer acquires Cardano, first Bitcoin allocation by UK scheme

Bulk purchase annuity worth £250m and secure the benefits of 2,200 scheme members

Terms of the transaction, first announced in the summer, were not disclosed

Third and final buy-in means all pensions within the Church Workers Pension Fund are now insured

New joiners take number of commercial operators in coalition to 15

Transaction secures the benefits of around 2,500 scheme members

How the funding of defined benefit pension schemes is changing

Firm said share plans are ‘incredibly rare’ in private equity-owned businesses

Fabian Society report, long-term pensions reform roadmap and DB transfer activity

Initiative’s founder says investment will accelerate once structures are in place