Transaction secures benefits for more than 700 pensioners and deferred members
Bulk annuity transaction generates surplus assets for sponsor and scheme’s 107 members
Just Group, L&G, Moneyhub and Standard Life are initial members of the group
Third risk reduction transaction with insurer covers all 350 members of the scheme
Bulk annuity transaction secures the benefits for around 700 members
Insurer’s results show sharp growth in underlying operating profit
Spring Budget, general levy consultation and DB scheme statements of strategy
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