Dashboard delay announcement plus a record £6.5bn buy-in deal between RSA and PIC
The deal is Just Group’s largest DB de-risking transaction to date
The guidance covers data readiness for firms completing buy-in and buyout exercises
£250m deal means PIC has now insured all £4.1bn of the BAT scheme’s liabilities
Hymans Robertson’s Michael Abramson urges schemes to review illiquid asset holdings
The buy-in transaction secures benefits of 2,700 members
BSPS completes £2bn buy-in with L&G and WTW predicts £60bn of DB de-risking in 2023
This year set to be one of the biggest on record for bulk annuities and longevity swaps
Liabilities of 3,400 members are insured through deal with engineering firm’s scheme
The buy-in will protect the benefits of more than 9,000 members of the scheme