Scheme will use around 10% of SRBS surplus per annum to help fund DC section
Deal secures the benefits of 69 deferred members and 152 pensioners
Transaction secures the benefits for more than 10,000 retirees and deferred members
Professional Pensions rounds up the largest block transfers of liabilities to insurers
Consultancy says ‘buoyant’ funding levels will enable more schemes to conduct a transaction
Transaction fully secures the benefits for all of the scheme’s members
Consultancy says net-zero goals should still be considered to maintain flexibility and choice
Consultancy says service will focus on what benefits clients over insurer requirements
Are trustees and sponsors getting the customer service they need from bulk annuity providers?
Nikhil Patel and Andy Smith look at how market dynamics are changing