Barloworld completes £54m buy-in with Scottish Widows

Kristian Brunt-Seymour
clock • 1 min read

Scottish Widows has secured its second bulk annuity deal with a £54m buy-in for Barloworld UK Pension Scheme after the insurer entered the market last year.

The buy-in covered a tranche of the scheme's total £600m pensioner liabilities in continuation with its de-risking strategy following a previous buy-in completed with an undisclosed insurer in 2014...

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