Insurers make errors on if the code applies to them, despite general ESG progress
Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Full charity scheme buy-in will progress towards buyout
Buy-in and buyout volumes are more than double the insurer’s 2020 figure
Barnett Waddingham index says higher gilt and swap yields bring endgame closer
Third buy-in takes scheme’s insured benefits to around half of liabilities
This year’s deals could surpass the £4.7bn high set in a 2019 buyout by Rothesay
Deal with pub and restaurant operator is the 20th to be announced by the insurer this year
Benefits for around 1,000 members are expected to move to buyout by 2024
Deal covers all 350 members of the sportswear and lingerie brand’s scheme