Former British Steel workers will be able to ‘reverse transfer’ their pots into a DB scheme
UK’s second ever superfund deal will provide £34m of new capital to secure pensions in full
Bulk annuity transaction secures the benefits for around 700 members
Isio says a PRO-style approach could return 17% of assets to sponsors in next decade
Buy-in and buyout volumes reach all-time high in 2023
Insurer completes two in-house deals ahead of entry into broader market for bulk annuities
Thomas Cook schemes complete £50m deal and Coal schemes complete £44m transaction
Van Lanschot Kempen says crisis increasing deficits by £4m per £100m of liabilities could be on the cards
Larger schemes prefer low dependency, while one in five consider employer surplus return
Transaction secures the benefits for 32 pensioners and 213 deferred members