Second deal between PIC and the scheme means all its DB liabilities are now insured
Transaction marks the first deal PIC has completed with its Mosaic framework
Collaboration aims to improve member outcomes
Deal secures benefits of 853 pensioners and dependants and 3,368 deferred members
Industry says Reeves must ensure speech is not a ‘missed opportunity’ for UK economic growth
Risk reduction transaction secures benefits for 771 pensioners, deferred members and active members
‘Habiko’ joint venture will aim to deliver 3,000 affordable homes for rental over next 12 years
Andy Rose talks about managing the pensions of policyholders in the bulk annuity market
PIC survey finds 52% expect large transactions to have biggest impact on pricing levels
Consultancy says smaller schemes dominated market activity in H1, with £40bn of transactions predicted