Kingfisher scheme agrees £900m buy-in with Aviva

Third bulk annuity for the scheme after 2016 and 2018 deals with PIC and L&G

James Phillips
clock • 2 min read

The Kingfisher Pension Scheme has agreed its third buy-in, concluding a £900m buy-in contract with Aviva earlier this month.

The benefits of over 8,000 pensioner members are insured through this transaction, with Aviva taking over the investment and longevity risks associated with their liabilities. The British multin...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Dolce pension scheme completes £9.3m buy-in with Just Group

Dolce pension scheme completes £9.3m buy-in with Just Group

Risk reduction transaction secures the benefits of 510 scheme members

Martin Richmond
clock 19 November 2025 • 2 min read
Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Transaction means benefits of all scheme members are now insured

Holly Roach
clock 18 November 2025 • 2 min read
Brockhampton Pension Scheme secures £40m buy-in with Just Group

Brockhampton Pension Scheme secures £40m buy-in with Just Group

Transaction secures the benefits of all remaining uninsured scheme members

Holly Roach
clock 18 November 2025 • 2 min read
Trustpilot