Deal shows pricing opportunities for deferred liabilities are now considerably better
Partial risk reduction transaction secures the benefits of 500 members
The Reckitt Benckiser Pension Fund has secured a £415m buy-in with Scottish Widows, insuring the benefits of around half of pensioners.
The Bank of America Merrill Lynch UK Pension Plan has insured benefits for 915 pensioner members in a £400m buy-in with Scottish Widows.
PP asks three industry experts about the funding challenges facing DB schemes and what trustees can do to help address the issues they face