Risk Reduction

Transaction secures the benefits of 217 deferred and pensioner members

Transaction fully insures the benefits for around 150 members of the scheme

Transaction secures the benefits of all 1,200 members of the scheme

Surpluses are increasingly seen as an opportunity to run on schemes

PDA Union says it will exhaust internal dispute processes before taking case to Ombudsman

Move aims to increase store of future profit and help catalyse asset management growth

The full buy-in secures the benefits of all 618 scheme members

Risk reduction transaction secures benefits for 189 pensioners and 87 deferred members

The deal secures benefits for all the scheme’s deferred and pensioner members

Transaction insures DB liabilities of around 500 members