Phoenix completes further £1.1bn buy-in with own scheme
Phoenix Life has completed a £1.1bn buy-in with its own defined benefit (DB) plan, the PGL Pension Scheme, it has announced.
The insurer said it had completed a total of nearly £1.6bn of bulk annuity deals in the first six months of the year. In its half-year results, published today (7 August), Phoenix said the deal had...
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