Transaction secures benefits for 141 pensioners and 306 deferred members
The transaction was completed with the Amey Services section of the Citrus DB master trust
The buy-in transaction secures benefits of 2,700 members
The investment will fund the construction of 350 new homes by 2026
The lifeboat fund has also appointed two new firms to its legal panel
The National Grid UK Pension Scheme has completed an £800m buy-in with Rothesay, its second bulk annuity transaction with the insurer.
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.
Pension Insurance Corporation (PIC) has acquired a prime city-centre site in Manchester as the location for its first build to rent (BTR) project, investing £130m to fund the construction of 520 residential apartments, over 6,000 square feet of commercial...
Multinational communication services giant WPP has completed a £250m buy-in for two of its pension schemes with Pension Insurance Corporation (PIC) as the insurer celebrated a “healthy pipeline” of deals amid the Covid-19 outbreak.
KPMG’s pensions advisory business has relaunched following a £200m leveraged buyout that will see it rebrand as Isio.