Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Full charity scheme buy-in will progress towards buyout
Benefits for around 1,000 members are expected to move to buyout by 2024
Deal covers all 350 members of the sportswear and lingerie brand’s scheme
Bulk annuity with unnamed insurer is expected to convert to buyout soon
Aon said the pattern of bulk annuity deals has been ‘unusual’ but expects a busy second half
Savings and retirement business continues to grow with new scheme wins
Deferred-heavy deal follows a similar transaction in 2018
But only half are currently reporting on climate risks using TCFD model
Deal initially structured as buy-in before full handover to L&G expected next year