Transaction secures the benefits of all 74 scheme members

The buy-in deal was converted to a buyout within two months of the initial transaction

Full buy-in transaction secures the benefits of all 160 scheme members

James Smith says a simple link to life expectancy risks ignoring reality

Firm wrote £1.5bn of BPAs in 2025, with £1bn written in Q4 alone

Second of three parts of guidance looks at planning the digital transformation journey

Insurer said the drop was due to a ‘lack of large deals’ but expects ‘increased market opportunity’ in 2026

L&G takes on responsibility for payment and administration of benefits, with PMI scheme to wind up

Partnership with Smart Communications to help enhance member engagement

Organisation set out its priorities for the insurance sector in its annual ‘Dear CEO’ letter