First deal completed after the Phoenix bulk annuity team’s rebrand
Covid-19 vaccine manufacturer’s scheme insures 2,900 pensioner members
Swaps can work for schemes of any size, say Suthan Rajagopalan and Greg Wenzerul
LCP analysis finds a large number of schemes expect to reach buyout within ten years
Insurer takes on risk for 45 employees of builders merchant
Existing LGIM client agrees deal for 2,000 pensioner and deferred members
Pensioner-only transaction forms part of insurer’s first half bulk annuity deals
Deal agreed 13 years after first buy-in between the scheme and insurer
Small scheme succeeds in crowded bulk annuity market with streamlined solutions
Insurer says it will remain patient to ensure new business returns are appropriate