Deal secures benefits of 1,700 retirees and 3,000 deferred members
Low Reliance Index which tracks 5,000 corporate DB schemes measured 119% funding ratio
LCP analysis sees funding levels at 118% as endgame developments ‘continue at pace’
Loan secured against a portfolio of 23 PBSA assets located across 15 cities in the UK
Risk reduction transactions secure benefits for nearly 2,500 pensioners and deferred members
LCP says one third see member experience as ‘deciding factor’ if price was equal
Deal sees PIC owned by a single strategic owner for the first time in its 20-year history
The BPA transaction secures the benefits of over 3,500 scheme members
Transaction secures the benefits of 500 scheme members
Three deals secure the benefits of 3,000 pensioners and dependants and nearly 4,000 deferred members