Childcare safety product vendor insures 300 pensioner members in just 11 days
Continuing demand for longevity risk insurance products perseveres throughout volatility
Quieter H1 market due to busy second half last year and well-prepared schemes could benefit
But operating profit and bulk annuity sales drop from the same period of 2020
Dearth of deals in bulk annuity market allow scheme to accelerate its timeline
Small scheme deal is the first announced 2021 transaction for the insurer
H Samuel and Ernest Jones owner plans to convert the policy to a buyout
Provider and insurer also saw a 30% growth in AUM within its DC business
Third bulk annuity for the scheme after 2016 and 2018 deals with PIC and L&G
Benefits for fewer than 60 members of the Tesco subsidiary scheme to head to buyout