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
Deal secures the benefits of over 90 members of the construction company’s scheme
Consultant predicts that whole scheme buy-ins and buyouts will dominate market in future
Aon says £18bn of bulk annuities and longevity swaps were disclosed in the first half
Schemes told to address data, governance, and investment strategy to secure de-risking terms
Call for government to overhaul internal model approval process as part of reforms
Chancellor says replacing EU law with rules ‘tailor made for the UK’ will free up billions