Aon agrees £510m buy-in with Scottish Widows

James Phillips
clock • 2 min read
Around £22.6bn of bulk annuities have been confirmed this year
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Around £22.6bn of bulk annuities have been confirmed this year

The Aon Retirement Plan has completed a £510m pensioner buy-in with Scottish Widows, insuring members in the Aon Bain Hogg Pension Scheme section.

It is the fourth bulk annuity agreed by the scheme, and the second for the particular section, including a £900m deal in 2016. The deal completed in November and covers around 1,500 pensioners. The...

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