The transaction is a ‘key milestone’ towards the trustees’ plan to secure all benefits
Another week-on-week increase in the number of deaths with Covid-19 mentioned on the death certificate has brought total excess deaths since the beginning of the second wave to 5,000.
The British Airways sponsored Airways Pension Scheme (APS) has completed a £4.4bn pensioner bulk annuity buy-in with Legal & General.
Pension Insurance Corporation (PIC) has agreed to insure all its pensioner liabilities with PartnerRe in a deal set to cover its full buy-in of the Dockworkers Pension Fund.