Browsing: Bulk Purchase Annuity Transactions

The Walkers Shortbread Limited Retirement Benefits Scheme has completed a £34m bulk purchase annuity buy-in transaction with Legal & General, securing the benefits of 161 retirees and 238 deferred members.

The trustee of the G4S Pension Scheme has completed a £1.8bn bulk purchase annuity buy-in transaction with Just Group, insuring the benefits of around 22,500 scheme members.

Consultants Isio has facilitated a £20m buy-in transaction for an unnamed defined benefit scheme in the UK.

Pension consulting firm K3 Advisory has led the completion of a £2m full scheme buy-in transaction with an unnamed sponsor in the mechanical and electrical industry with Legal & General.

£70m buy-in transaction will secure the benefits of all uninsured scheme members, covering approximately 490 deferred members and 400 pensioner members.

£7m deal was completed in March and insures the benefits of 24 pensioners and 15 deferred members.

Canadian softwood lumber GreenFirst Forest purchases group annuity contract that transfers C$26.5m of defined benefit pension obligations to a Canadian insurer.

Charities Aid Foundation Pension Scheme insures pensioner liabilities via a bulk purchase annuity transaction with Just Group.

Seattle-based Sound Retirement Trust and Prudential have completed a $221m group annuity transaction, insuring the retirement benefits of 8,700 retirees.

The Coats UK Pension Scheme has completed a £1.3bn bulk purchase annuity buy-in deal with Pension Insurance Corporation covering the pensions of 18,042 scheme members.