Risk Reduction

Insurer ‘proud’ of momentum in the year since its launch into bulk annuity market

Insurer completes deals worth £1.1bn with eight schemes in first six months of year

Risk reduction transaction secures the benefits of around 200 scheme members

Transaction secures the benefits of 1,341 members across the two pension schemes

Bulk annuity transaction secures the benefits for all of the scheme’s members

Two-thirds in surplus on technical provisions basis as funding ratio reaches 104%

Insurer says the new product will provide it with ‘key competitive advantage’ in market

Fears rise over monetary policy as government borrowing costs hit highest level since 1988

Mark Johnston looks at recommendations for good surplus management

Transaction insures the benefits of over 1,000 members across the two schemes