Partnership announces £22m buy-in deal

The deal, which was advised on by Hymans Robertson and law firm Squire Sanders, was designed to de-risk the company's pension scheme. It saw Partnership medically underwrite the business, which allowed it to ask for a "highly competitive" price for taking on financial responsibility for the clients. Hymans Robertson partner and head of buy-out solutions James Mullins said: "This is by far the largest medically underwritten buy-in to date and given the competitive pricing and current client demand, I strongly expect the market for these transactions to grow rapidly over the next year a...