The deal secures the benefits of 2,295 retirees and 5,890 deferred scheme members
Firm says schemes are ‘reconsidering’ strategies
Insurer to begin operations in Q1 and operate under the Blumont Annuity UK branding
Deal secures the benefits of 30 deferred members and 10 pensioner members
Deal follows Utmost’s entry into BPA market at the end of last year
Consultancy says total market volumes of £40bn a year likely to become the ‘new norm’
Insurer has signed a £111m BPA deal with an unnamed pension scheme
Full scheme transaction secures the benefits of 15 deferred members and 34 pensioners
There has been a step-change in insurers’ willingness to take on DB illiquid assets
Full scheme buy in secures the benefits of eight deferred members and eight pensioners