Transaction secures the benefits of 540 pensioners and 1,050 deferred members
Deal follows Phoenix Group’s acquisition of ReAssure in 2020
BPA transaction secures the benefits of over 10,000 members of the scheme
The full scheme transaction secures the benefits of 240 members
Trust and reputation, not product viability, are the key factors shaping endgame decisions
Transaction is the second capital-backed investment deal completed to date
Lifeboat fund’s index shows surplus increased to £263.8bn by the end of last month
Industry says trustees feeling ‘sense of legislative fatigue’
Transaction with unnamed scheme secures the benefits of over 750 members
Experts suggest trustees will ‘breathe a sigh of relief’ at the House of Lords vote to remove the power