Browsing: 2026 – June
£160m full-scheme buy-in secures the benefits of all 2,361 members (1,689 pensioners and 672 deferred).
The transaction secures the full benefits of all 115 uninsured members, comprised of 52 deferred members and 63 members with pensions in payment, and completed in March.
Agreement with Nationwide reinsures a block of fixed Universal Life with Secondary Guarantees (ULSG) policies representing nearly $6bn of statutory reserves.





