PP brings together all the appointments in the pensions industry over the past week
Two thirds of the liabilities of water company schemes secured with existing manager L&G
Banking group scheme pens back-to-back reinsurance deal with Pacific Life Re
Deal is largest ever transaction from pension schemes to insurer
Deal comes on the back of a £300m pensioner-only buy-in completed in 2014
The transaction is a ‘key milestone’ towards the trustees’ plan to secure all benefits
Trustees have a lot to consider ahead of implementation, Martin Richmond writes
Deutsche Bank AG has agreed a £570m pensioner buy-in with Legal & General for the defined benefit (DB) (UK) Pension Scheme.
The 3i Group Pension Plan has agreed a £650m buy-in with Legal & General (L&G), insuring the remaining benefits within the scheme.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.