Deal secures the benefits of 5,900 retirees and 3,600 deferred members
Isio index shows a ‘new record’ surplus of £45bn on a low-risk basis
Nominations will take place until 9 September and a secret ballot is scheduled for 11 September
Tool to help with alignment between TNFD disclosure recommendations and GRI standards
Transaction covers remaining 28 deferred members and 139 pensioner members
Firm says changing the way pensions are taxed could release £100bn across five years
Year-on-year pensions net revenue growth of 4.2% compared to H1 2023
Regulator has published ‘clear expectations’ for the release of capital from DB superfunds
All members of the scheme are expected to receive their pension benefits in full
BPA deal secures the benefits of around 2,100 members across two linked schemes