Pearson scheme enters £1.2bn buy-ins with Aviva and L&G

James Phillips
clock • 2 min read

The Pearson Pension Plan has agreed two buy-ins worth £1.2bn and has laid the groundwork for more bulk annuity contracts in the future.

The two deals - completed with Aviva and Legal & General (L&G) - each cover around 2,400 pensioner members, and a combined two-thirds of pensioner liabilities, and are split equally between the two...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in

Transaction covers 36,000 members and follows a full buy-in last August

Holly Roach
clock 15 July 2026 • 2 min read
Combat Stress scheme completes £4m buy-in with Just Group

Combat Stress scheme completes £4m buy-in with Just Group

Transaction secures the benefits of 22 deferred members and 17 pensioners

Martin Richmond
clock 15 July 2026 • 2 min read
UK PRT volumes for 2026 expected to be between £35bn and £40bn

UK PRT volumes for 2026 expected to be between £35bn and £40bn

Standard Life says H2 volumes could be driven by larger schemes approaching the market

Martin Richmond
clock 14 July 2026 • 3 min read
Trustpilot