The deal secures the benefits of 341 pensioners and 271 deferred members
Transaction secures benefits of all 26 deferred and 95 pensioner members
Transaction secures the benefits of 292 pensioners and 160 deferred members
Partial risk reduction transaction secures the benefits of 500 members
Companies that do not provide appropriately for their employees’ retirement are “storing up a potential staffing crisis”, according to Burness Paull.
The Aegon UK Staff Retirement and Death Benefit Scheme has secured a £144m buy-in with Phoenix, covering around a quarter of pensioner liabilities.
A national framework to give local government pension scheme (LGPS) funds easier and cheaper access to legal services has been launched today.