Royal London completes BPA transaction between mutuals
The deal, worth around £55m with the trustees of the Steamship Insurance Management Services Limited Pension and Assurance Scheme. covers more than 350 members.
Young adults expect to need £100,000 a year for retirement, research reveals
Research from Royal London found 13% of people thought they would need £100,000 or more each year for a good standard of living in retirement.
Royal London completes BPA deal with the Premdor Crosby Pension Plan
The buy-in covers 181 members and is Royal London’s first deal with BESTrustees as chair of trustees and with WTW on a non-staff scheme.
Royal London completes £61m BPA deal with Stora Enso UK Group Pension Scheme
Legal support for the scheme came from Burges Salmon, while Mayer Brown advised Royal London.
Royal London completes £45m buy-in for Pandrol Group Pension Scheme
Barnett Waddingham gave actuarial, administration, and investment advice, as well as risk transfer support.
Thousands of pension savers forced to reclaim large emergency tax bills – Royal London
Clare Moffat said: “A rise in large lump-sum withdrawals will likely mean an even greater spike in emergency taxes on those withdrawals."
British Heart Foundation Staff Pension Scheme completes £37m buy-in with Royal London
The scheme covers more than 200 members, including 118 pensioners, their dependants and 85 deferred pensioners.
Women’s pension pots less than half the size of men’s – Royal London
29% of women said they felt confident in combining or transferring pensions, compared to 44% of men.
Royal London secures £275m buy-in for Grant Thornton Pensions Fund
Mark Sharkey said: "We hope the scale of this buy-in will further strengthen the appeal of our mutual-led proposition for many more trustee boards in the future.”
Royal London completes tenth BPA transaction for London Waste Pension Scheme
The deal covers around 200 scheme members.
Royal London completes pensions dashboard connection
Rory Marsh said: “This is a major step towards a significantly enhanced digital experience for customers.”
Royal London to acquire Dalmore Capital in pension investment push
The deal is part of Royal London’s plan to grow its private assets business and give pension customers more investment choices.
