Fairs will join the consultancy’s pensions practice in April after he leaves TPR
Deal is largest ever transaction from pension schemes to insurer
Sponsoring employers could be hit with a bill of around £34bn bill under TPR’s new DB funding code
Just a fraction of liability growth since the start of the year will be offset by the impact of excess deaths caused by Covid-19, says Lane Clark & Peacock (LCP).
The British American Tobacco (BAT) UK Pension Fund has completed a £3.4bn buy-in with Pension Insurance Corporation (PIC), the largest buy-in transaction including pensioner and deferred members.