Textiles group secures £2.3m bulk annuity with Aviva

clock • 1 min read

Textiles company AW Hainsworth has secured a buyout for its defined benefit pension scheme in a deal worth £2.3m.

Aviva insured the scheme, with deal management lead Jamie Cole saying it emphasised the importance of smaller funds being prepared for buyouts. "We're pleased to have helped a company with such ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

CDC extension legislation, TPR annual DB funding statement and WPC report on DB market

Professional Pensions
clock 02 May 2025 • 1 min read
Industry split on whether Mansion House II will be positive step for DC schemes

Industry split on whether Mansion House II will be positive step for DC schemes

PP survey finds no consensus on whether new compact will be a step forward for DC sector

Martin Richmond
clock 02 May 2025 • 2 min read
Women in Pensions 2025: Entry deadline extended by one week

Women in Pensions 2025: Entry deadline extended by one week

The final deadline for entries is now 9 May 2025

Professional Pensions
clock 02 May 2025 • 1 min read
Trustpilot