Deal secures benefits for 89 deferred members and 52 active members
It offers personalised content and tools to help people engage with retirement planning
Deal comes as part of umbrella contract implemented as part of earlier transaction
The proportion of deferred members totalled around 80% of scheme liabilities
K3 Advisory and Cartwright support deal with large proportion of deferred members
The full buy-in transaction was signed in December for an undisclosed sum
Deferred-heavy deal completed at the end of 2021 in midst of ‘intense market’ conditions
A total of 29 deals range in size from between £3m and £250m as H2 saw higher demand
K3 Advisory issues warning to schemes to keep on top of preparations
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