The transaction is a ‘key milestone’ towards the trustees’ plan to secure all benefits
The transaction with K3 Advisory covers seven pensioners and 12 deferred members
Market outlook remains ‘positive’ despite recent volatility
The firm has launched a series of videos to help trustees with the transition process
The funding level of many DB schemes has significantly improved this year
The transaction with Standard Life covers the benefits of 770 of the plan’s members
The deal is with the Flour Milling and Baking Research Association scheme
The bulk purchase annuity transaction secured the benefits of around 3,000 members
The deal was completed in March and covers 93 pensioners
Four-fifths say they will now be carrying out buyout-related work within two years