Browsing: News: May 2025

£270m deal is the third buy-in that Aviva has transacted with schemes sponsored by WM Morrison Supermarkets Limited.

BMO Insurance will issue annuities covering the responsibility for pension benefits of approximately 860 pensioners and beneficiaries.

£63m deal covers the pensions of all 570 members.

The average multiple delivered to American Seniors who sold their policy in the secondary market last year was more than six and a half times the cash surrender value.

The aggregate funding position of UK defined benefit pension funds potentially eligible for entry to the country’s Pension Protection Fund fell £13bn last month to £202.5bn, a funding ratio of 122.8%.

The transaction releases capital resources that Monument will redirect to its core strategy of consolidation in European life insurance markets.

£280m deal secures the benefits of approximately 2,800 members.

The transaction, completed in January 2025, secures the benefits of all 869 Scheme members which comprises 471 pensioners and dependants as well as 398 deferred members.

In his new role, Polanskyj will chair Obra’s Investment Committee.

In a rare bright spot for the product, growth was observed in the 61+ age cohort.