The bulk purchase annuity transaction insures the liabilities of 1,500 scheme members

The fund closed to new commitments in December with total fund assets of £250m

Pensions minister said vision of having one professional trustee on every board is ‘optimistic’

Partnership means PMI members have chance to improve understanding of superfund models

IC Select brand and leadership will be retained under IGG’s ownership

Tool will support clients as they move to equalise pensions for scheme members

Full scheme buy-in was completed in August using Aon and Eversheds’ Pathway service

Group will assess risks and opportunities associated with AI technology

Transaction covers 46 pensioners and 271 deferred scheme members

Central Manchester-based office will house four trustee directors plus wider team