PwC

Firm says schemes are ‘reconsidering’ strategies

Deal is first superfund transaction to be conducted with an active sponsor

Guidance for DB trustees is aligned with regulator’s funding code

Transaction secures the benefits for around 3,200 pensioner and deferred members

The organisation said schemes reached a new funding record in October

PE firm says trustee business provides strong organic and acquisitive growth opportunity

Organisation says funding levels ‘show resilience’ but data management issues remain

Firm says strength of surpluses brings ‘continued focus’ on investment in productive assets

PwC’s Buyout Index showed DB surpluses of £280bn during August

Transaction secures the benefits of 292 pensioners and 160 deferred members