Deferred-heavy deal completed at the end of 2021 in midst of ‘intense market’ conditions
Around 1,200 members were covered by the deal, with 80% of scheme now insured
Deal also provides inflation protection for all 7,600 members of the scheme
The WTW rebrand ends 200 years of history for the Willis, Towers and Watson names
Benefits for around 1,000 members are expected to move to buyout by 2024
A delay to the DB code consultation and a £150m buy-in
PP is looking back at the biggest stories from the last 12 months
Professional Pensions rounds up expert views on what’s ahead
Bulk annuity with unnamed insurer is expected to convert to buyout soon
K3 Advisory issues warning to schemes to keep on top of preparations