The terms of the transaction were not disclosed
WTW serving as scheme actuary, Redington as investment strategy adviser and BW as OCIO selection and oversight provider
Report says key question should be ‘how will this benefit the end member?’
Scheme’s second buy-in transaction secures the benefits of 18,042 members
PP brings together all the appointments in the pensions industry over the past week
BPA transaction secures the benefits of around 6,000 members
Bulk annuity transaction secures the benefits for around 700 members
Has there been a change of pension scheme appetite in the area of sustainability?
BPA agreement covers 1,740 members from both sections of the scheme
The deal marks the largest OCIO mandate awarded to date in the UK market