xps group

Scheme selected consultancy of administrator to ensure high-quality service for members

Buy-in took place in July 2024, with buyout secured in January 2025

The deal secures the benefits of 2,295 retirees and 5,890 deferred scheme members

Consultancy says increasing gilt yields key factor in trend of decreasing transfer values

Group says move is a material acceleration of its diversification strategy

Sophia Singleton says we need the review in order to be honest with savers about what lies ahead

Why securitised remains an underinvested asset class in the UK and how investor demand is increasing

Consultancy says its Transfer Value Index saw ‘significant decline’ in final quarter of 2024

Follows series of groups departing

Transaction marks the first deal PIC has completed with its Mosaic framework