Transaction secures the benefits for 14 deferred members and ten pensioners
£40m bulk annuity transaction fully secures benefits for all the members of the scheme
Bulk purchase annuity secures the benefits for savers in the Whitbread Group Pension Fund
The Civil Aviation Authority (CAA) and Sydney Packett & Sons have agreed bulk annuity deals for their pension schemes with Legal & General (L&G) respectively.
Pension Insurance Corporation (PIC) has completed a £60m buy-in deal for the Civil Aviation Authority's defined benefit (DB) scheme.
Pension Insurance Corporation (PIC) has completed a £90m buy-in deal for the Civil Aviation Authority's (CAA) defined benefit (DB) scheme.