Risk Reduction

Letter champions innovation, member experience, transparency and planning

Transaction spans across the company’s three DB schemes

Full-scheme transaction secures the benefits of 37 pensioners and 117 deferred members

Scheme will use around 10% of SRBS surplus per annum to help fund DC section

Deal secures the benefits of 69 deferred members and 152 pensioners

Transaction secures the benefits for more than 10,000 retirees and deferred members

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Consultancy says ‘buoyant’ funding levels will enable more schemes to conduct a transaction

Transaction fully secures the benefits for all of the scheme’s members

Consultancy says net-zero goals should still be considered to maintain flexibility and choice