Trustees of an industry-wide charity pension scheme have completed a £70m buy-in with Aviva, which will flip into a full buyout with the insurer over the next 12 months.
The deal covers the non-associated multi-employer (NAME) Federation Flexiplan No. 1 scheme, which includes benefits for employees of over 200 hospice, medical research, housing and education charit...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
