Deal covers pensioner liabilities in the Lloyds Bank Pension Scheme No.1
The lifeboat fund has also appointed two new firms to its legal panel
The full buy-in transaction was signed in December for an undisclosed sum
Deferred-heavy deal completed at the end of 2021 in midst of ‘intense market’ conditions
Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Findings from a new independent review of the regulator
Charles Randell last week announced plans to step down three years into his five-year term
Covid-19 vaccine manufacturer’s scheme insures 2,900 pensioner members
31-member deal comes after enhanced covenant and security package from sponsor
L&G insures the benefits of around 1,200 members after working with the scheme for 12 years