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
Third buy-in takes scheme’s insured benefits to around half of liabilities
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
Deferred-heavy deal follows a similar transaction in 2018
Deal initially structured as buy-in before full handover to L&G expected next year
First deal completed after the Phoenix bulk annuity team’s rebrand
Covid-19 vaccine manufacturer’s scheme insures 2,900 pensioner members