West Ferry scheme insures pensioner liabilities in £130m deal with Norwich Union

clock

THE West Ferry Printers Pension Scheme has insured its pensioner liabilities in a £130m buy-in deal with Norwich Union.

The printing firm – which has clients including Express Newspapers, the Financial Times and Sport Newspapers – said individual members benefits would remain unchanged, and the 1300 pensioners would...

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

More on Bulk Annuities

Partner Insight: A bird's eye view of the landmark year of 2023

Partner Insight: A bird's eye view of the landmark year of 2023

With the dust beginning to settle on 2023, and the final deals of the year being hurriedly squeezed into insurer targets, it seems only right to reflect on what has been another incredible year for the risk settlement market.

Martin Bird, Senior Partner and Head of Risk Settlement, Aon
clock 18 December 2023 • 6 min read
Partner Insight: Large scheme transactions blaze a trail in 2023 - and beyond

Partner Insight: Large scheme transactions blaze a trail in 2023 - and beyond

Charlotte Quarmby, Partner, Aon
clock 23 November 2023 • 5 min read
Partner Insight: The UK Bulk Annuity Market - The Insurers' View

Partner Insight: The UK Bulk Annuity Market - The Insurers' View

Leah Evans, Partner, Aon
clock 16 November 2023 • 6 min read
Trustpilot