Risk Reduction

PRT deal included gilt-based price lock and marks first transaction for £18bn scheme

But Hymans Robertson says market remains ‘vibrant’ despite lowest H1 volumes since 2021

Transaction secures the benefits for over 1,900 members of the scheme

LCP finds total market volumes expected to exceed £40bn for third year running

Risk reduction transaction secures the benefits of 758 scheme members

Insurer says it is maintaining its ‘disciplined and patient approach’

BPA transaction secures the benefits of around 100 pensioners and 20 deferred members

Transactions secure all remaining benefits of two schemes sponsored by the British department store

Regulator says it is checking to ensure its regime is ‘right for the future’

Interest in alternative endgame options growing as sponsors revisit strategies