Phoenix insures £144m of Aegon scheme liabilities

James Phillips
clock • 1 min read

The Aegon UK Staff Retirement and Death Benefit Scheme has secured a £144m buy-in with Phoenix, covering around a quarter of pensioner liabilities.

The deal brings Phoenix's total bulk annuity volumes for 2019 to £1.9bn, and is the insurer's third announced deal this year. Its other two transactions were a £1.1bn buy-in with its own pension sc...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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