Pfizer agrees £190m buy-in with Aviva; Insurer confirms £1.6bn of deals

James Phillips
clock • 3 min read

A Pfizer Group-sponsored defined benefit (DB) pension scheme has completed a £190m buy-in with Aviva, following a slow start to the year in bulk annuity business for the insurer.

The trustees of the Wyeth Group Pension and Life Assurance Scheme (1997) completed the deal on 23 April, which uses Aviva's DB and defined contribution (DC) plan to cover benefits for around 2,000 ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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