Industry experts say despite improving funding, ideas take time to build consensus

The full buy-in secures the benefits of all 618 scheme members

XPS tracker shows DB pension surpluses broadly flat at £179bn last month

Firm said this follows months of strong performance across the business

Strategy was set up in 2022 and is now worth £150m, with further closes planned

Guidance advises trustees on how to improve and maintain data accuracy

New offering will support insurers, advisors, lenders and investors

Isio said funds were 109% funded at the end of April, 11 months ahead of the next actuarial valuation

The deal secures benefits for all the scheme’s deferred and pensioner members

Third buyout with the scheme means L&G has now insured £2.5bn of the plan’s liabilities