Risk Reduction

Insurer’s interim results show its workplace pensions business AUM increased to £43.6bn

Transaction secures the benefits of 4,500 scheme members

Head of UK retirement Ben Roe says newly announced surplus flexibilities are prompting schemes to revisit endgame decisions

BPA transaction secures the benefits of more than 1,250 members of the scheme

Transaction secures the benefits of 540 pensioners and 1,050 deferred members

Insurer’s proposition provides potential upside for members from discretionary bonus payments

Fixed-fee service aims to provide better reinsurance access for sub-£1bn schemes

Smaller DB scheme solution was launched last year to help with the insurance process

Proposition provides potential upside for members from discretionary bonus payments

Deal follows Phoenix Group’s acquisition of ReAssure in 2020