Trustees of the Meat and Livestock Commission Pension Scheme have completed a £150m pensioner buy-in with Aviva, prompted by a drop in the pricing of such deals.
The agreement will see Aviva make payments to the scheme equivalent to the benefits of its approximately 900 current pensioner members. Towers Watson senior consultant James Staveley-Wadham - wh...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date