SSE completes three de-risking deals worth £1.2bn

James Phillips
clock • 3 min read

Scottish and Southern Energy (SSE) has entered into two buy-ins with Pension Insurance Corporation (PIC), and a longevity swap with Legal & General (L&G).

The three deals are together worth £1.2bn and cover nearly 4,000 members in the Scottish Hydro-Electric Pension Scheme (SHEPS) and the Scotia Gas Networks Pension Scheme (SGNPS). The SHEPS benef...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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