Canada Life enters bulk annuity market with £5m pensioner buyout deal

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Canada Life has completed its first ever bulk annuity transaction - completing a £5m pensioner buyout with Oundle School.

The deal was brokered by JLT Employee Benefits, who also helped Oundle School conduct a trivial commutation exercise as part of the deal. Around 150 members of the Oundle School Pension and Life...

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