Pub and hotel group said move demonstrates its financial strength and reduces liabilities
The summit will take place on Wednesday 26 March in London
Transaction secures the benefits of over 850 deferred members and 650 pensioners
Buy-in took place in July 2024, with buyout secured in January 2025
The deal secures the benefits of 2,295 retirees and 5,890 deferred scheme members
Firm says schemes are ‘reconsidering’ strategies
Insurer to begin operations in Q1 and operate under the Blumont Annuity UK branding
Deal secures the benefits of 30 deferred members and 10 pensioner members
Deal follows Utmost’s entry into BPA market at the end of last year
Consultancy says total market volumes of £40bn a year likely to become the ‘new norm’