Canada Life

PP brings together all the appointments in the pensions industry over the past week

Transaction fully secures the benefits for 134 pensioners and 444 deferred members

Guaranteed retirement income has been on ‘remarkable journey’

Transaction covers around 40% of the plan’s pensions in payment

DWP consultation on general levy changes, Heywood acquires Idiom, a £30m buy-in deal

Transaction secures the benefits for around 440 scheme members

Canada Life research finds annuity sales increased by 100% compared to H1 2022

Full scheme transaction covers all pensioner and deferred members

Transaction secures the benefits for approximately 570 members

Payback period on a benchmark £100,000 annuity today is 14.5 years