Transaction fully secures the benefits for over 1,900 pensioners and deferred members
Bulk annuity transaction secures the benefits for 3,600 pensioners and deferred members
Thomas Cook schemes complete £50m deal and Coal schemes complete £44m transaction
PP brings together all the appointments in the pensions industry over the past week
Transaction secures the benefits for 1,378 members
The Menzies Pension Fund has entered into a £75m buyout with Pension Insurance Corporation (PIC) through a bespoke deal involving payments in instalments.
All past and current members of three Pirelli defined benefit (DB) schemes have had their benefits insured through buy-ins worth £100m with Pension Insurance Corporation (PIC).
Scottish and Southern Energy (SSE) has entered into two buy-ins with Pension Insurance Corporation (PIC), and a longevity swap with Legal & General (L&G).
Vesuvius has signed a £15m deal with Pension Insurance Corporation (PIC) to insure further pensioner members in its UK defined benefit (DB) scheme.