The deal was completed in March and covers 93 pensioners
The payment is in addition to salaries, profit shares, and other bonuses
Deal secures benefits for 89 deferred members and 52 active members
K3 Advisory and Cartwright support deal with large proportion of deferred members
The deal was announced by K3 Advisory and its partner Cartwright
Deferred-heavy deal follows a similar transaction in 2018
XPS warns ESG risks are not being effectively incorporated into investments
Professional Pensions rounds up some of the latest ESG and climate news from across the industry.
Rothesay has completed a £6m follow-on buyout with an unnamed aviation scheme, insuring benefits of eight pensioners and 31 deferred members.
Just Group has completed a £74m pensioner buy-in with the UK pension scheme of a US-listed engineering business.