The National Grid Electricity Group has completed an intermediated longevity swap with Zurich for the Electricity Supply Pension Scheme (ESPS).
Covering more than £2bn of pensioner liabilities, this is one of the largest longevity deals to date - although the date of its completion has not yet been confirmed. The deal will protect Natio...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
