Bulk annuity transaction generates surplus assets for sponsor and scheme’s 107 members
Bulk annuity transaction secures benefits for 217 pensioners and 232 deferred members
LCP analysis shows that superfund and longevity swap deals take total to £60bn
Bulk annuity transaction secures the benefits for 3,600 pensioners and deferred members
Professional Pensions rounds up the largest block transfers of liabilities to insurers
L&G finds nearly two-fifths of DB schemes aiming for full buyout within three years
Insurer signed a £309m deal with unnamed scheme on 15 March
Brightwell CEO says trustees and sponsors must be clear on surplus flexibility rules
LCP also called for insurers to make further improvements
Third risk reduction transaction with insurer covers all 350 members of the scheme