LCP says simplified gateway tests open up superfund opportunity to half of schemes
LCP completed 17 smaller scheme transactions in 2023 through ‘streamlined approach’
This is the fifth and final buy-in transaction completed by the fund
Twelve years after its funding level was hit severely by the global financial crisis, the GHG pension scheme completed a £150m buy-in amid the Covid-19 economic chaos. James Phillips speaks to the key players about the journey.
The British Bankers’ Association Pension Scheme (BBA) has completed a £95m bulk purchase annuity transaction with Aviva.