Charities' pension scheme completes buy-in with Aviva
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 charities....
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