Collaboration aims to improve member outcomes
Deal secures the benefits of 463 pensioners and 241 deferred members
Transaction secures the benefits of all eight pensioner members
Barnett Waddingham’s DB End Gauge Index finds surplus funds could unlock £45bn of value
Hymans Robertson says there should be ‘collaborative decision-making between sponsors and trustees’
Deal is first superfund transaction to be conducted with an active sponsor
Transaction insures the benefits of 32 pensioners and 22 deferred scheme members
Deal secures benefits of 853 pensioners and dependants and 3,368 deferred members
Insurer estimated to write £8.4bn of PRT deals in 2024 as part of target of £50-65bn by 2028
Hymans estimates total bulk annuity volumes for the year will be between £40bn and £45bn