Transaction secures the benefits of all 679 scheme members
Transaction secures the benefits of all remaining 122 deferred scheme members
Transactions insures the benefits of 6,500 scheme members
Transaction secures the benefits of over 660 retirees and deferred pensioners
Transaction secures the benefits of 500 scheme members
Deal is both first in charitable sector and first to make use of connected covenant structure
Fears regulators will use asset allocation test to decide whether or not to approve a MSDA
Transaction secures the benefits of all 705 scheme members
Third and fourth transactions protect schemes from cost of unexpected increases to life expectancy
Transaction secures the benefits of over 850 deferred members and 650 pensioners