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Insurer completes deals worth £1.1bn with eight schemes in first six months of year

Fears rise over monetary policy as government borrowing costs hit highest level since 1988

Aon says market remains buoyant with vast number of deals completed and strong insurer capacity

Bulk annuity transaction secures the benefits for all 156 members of the scheme

Transaction secures the benefits of 15,000 pensioners and 21,000 deferred members

Full scheme transaction secures the benefits of all 200 members

Construction on the project is expected to be completed in 2026

Deal sees PIC owned by a single strategic owner for the first time in its 20-year history

Pension Security Alliance says DB extraction proposals ‘not in the interests’ of ten million DB members

PIC survey finds most DB members oppose political interference with pensions