Alcatel-Lucent completes £300m buy-in with Aviva

Kristian Brunt-Seymour
clock • 1 min read

The Alcatel-Lucent Pension Scheme has completed a £300m pensioner buy-in with Aviva.

The deal, which was transacted in the summer of 2015, followed the merging of three separate pension scheme sections. Under the terms of the deal, Aviva will insure retired members of the scheme...

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