M&S completes £750m buy-ins with Aviva and Phoenix

James Phillips
clock • 2 min read

The Marks and Spencer (M&S) Pension Scheme has completed two buy-ins with Aviva and Phoenix, insuring a total of £750m of benefits.

It is the scheme's second buy-in with Aviva, and the third with Phoenix, resulting in around 30%, or £3.7bn, of pensioner liabilities now being insured. Aviva secured around £390m of the liabili...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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