Browsing: News: September 2025
Fenwick’s pension schemes have completed bulk purchase annuity buy-in transactions totalling £113m with Aviva. The transactions are part of a series of deals that stretch back to 2012.
The number of policies sold rose 7% in the second quarter, which is the highest growth rate recorded in LIMRA’s quarterly survey since 1983.
Buy-in insures the benefits of all 348 members of the defined benefit section of the Scheme, sponsored by Welcome Break Group Ltd.
£1m bulk purchase annuity buy-in, completed in June 2025, insures the benefits of all members of the scheme.
£1m bulk purchase annuity buy-in, completed in June 2025, insures the benefits of all members of the scheme.
£1m bulk purchase annuity buy-in, completed in June 2025, insures the benefits of all members of the scheme.
The transaction secures the benefits of all the 100 deferred members and 382 pensioner members in the BDO ES Pension Scheme as well as all 191 deferred members and 330 pensioner members of the BDO Pension Scheme.
Finalised in July 2025, the transaction secures the benefits of more than 440 members of the scheme.