Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Third buy-in takes scheme’s insured benefits to around half of liabilities
Cute photo of Eversheds Sutherland partner puppy sparks resurgence in pension pet pics
Deal agreed in June will complete following a data cleanse and true-up process
Deal agreed 13 years after first buy-in between the scheme and insurer
Third bulk annuity for the scheme after 2016 and 2018 deals with PIC and L&G
Deferred members comprised the majority of the insured 530-person cohort
Deal insures liabilities for 277 members of the flavour and fragrance manufacturer scheme
Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.
Professional Pensions rounds up some of the latest tender awards from across the industry.