ICAEW's £200m scheme completes medically underwritten buy-in

clock

The Institute of Chartered Accountants Staff Pensions Fund has secured a medically underwritten buy-in to cover its highest value pensioner members.

The transaction, which made use of medical information gathered through telephone interviews to price the risk, covers £24m of the £200m scheme's liabilities. The insurer has not been named, but...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

£175bn DB surplus recorded last month, according to PwC

£175bn DB surplus recorded last month, according to PwC

Low Reliance Index which tracks 5,000 corporate DB schemes measured 119% funding ratio

Jasmine Urquhart
clock 10 July 2025 • 2 min read
Rothesay completes £400m refinancing for Unite Group

Rothesay completes £400m refinancing for Unite Group

Loan secured against a portfolio of 23 PBSA assets located across 15 cities in the UK

Jonathan Stapleton
clock 09 July 2025 • 1 min read
Four schemes complete full buy-ins with Utmost totalling £177m

Four schemes complete full buy-ins with Utmost totalling £177m

Risk reduction transactions secure benefits for nearly 2,500 pensioners and deferred members

Martin Richmond
clock 09 July 2025 • 1 min read
Trustpilot