The firm said the move could put buyout in ‘cheque-writing distance’ for some schemes
Deal with L&G follows on from a similar £325 buy-in in 2018
The investment manager confirms it is well underway with development
Global pension risk transfer monitor estimates a significant year of deals ahead
Second deal for two-section scheme sees all members’ benefits now insured
DB and DC assets in developed market equities will be shifted towards low-carbon pioneers
Full charity scheme buy-in will progress towards buyout
Awards granted for services to diversity, health, finance, public service and consumers
Deal covers all 350 members of the sportswear and lingerie brand’s scheme
More transparency and action urged in letter from Guy Opperman and stewardship group