Intensifying regulation, rising operational costs, and increasingly complex investments were cited by the beleaguered airline.
Tag: Legal & General
The UK insurer to work with Amazon to cut costs and better store data for future bulk annuity deals.
Insurer tops previous record for the largest risk transfer seen in the UK.
Volatility in equity markets continues to concern plan sponsors.
Bulk annuity buyout frees fund from British pension rescue agency.
The financial services company will take over $5.7 billion of the airline’s pension liabilities.
Deal is largest of its kind for Aviva.