The LGPS pool has committed £6bn capital across all private market segments
The deal secured the benefits for 24 pensioners and 15 deferred members
Pensions industry reacts to chancellor Rachel Reeves’ first Budget
The chancellor chose not to target workplace pensions, despite raising taxes by £40bn
Full scheme buy-in secures benefits for 215 pensioners and 55 deferred members
Full buy-in secures the benefits of around 4,000 scheme members
Transaction secures the benefits of around 19,000 pension scheme members
Move follows a ‘thorough and detailed’ bid process overseen by Vidett
Chancellor Rachel Reeves will deliver this parliament’s first Budget on Wednesday
Organisation says funding levels ‘show resilience’ but data management issues remain