Thomas Cook schemes complete £50m deal and Coal schemes complete £44m transaction
Transaction secures the benefits for 32 pensioners and 213 deferred members
Transaction secured through preparatory work carried out by the scheme’s trustees
ABI research finds annuity sales reached £5.2bn last year
Transaction secures the benefits for around 100 pensioners and 40 deferred members
DWP issue DB funding regulations, £400m buy-in, WPT consolidated into Cushon
Transaction covers 2,500 pensioners and dependants and 1,500 deferred members
Excess deaths in 2023 were the lowest measured of any year following the pandemic
Insurer reveals it completed 80 risk reduction deals in 2023 which totalled £3.4bn
Full scheme buy-in was completed in August using Aon and Eversheds’ Pathway service