PerkinElmer agrees £130m full buy-in Standard Life

First deal completed after the Phoenix bulk annuity team’s rebrand

James Phillips
clock • 2 min read
The deal covers 900 members. Image: Andreas Breitling, Pixabay

The deal covers 900 members. Image: Andreas Breitling, Pixabay

The PerkinElmer (UK) Pension Scheme has concluded a £130m full scheme buy-in with Standard Life, insuring 900 members.

The deal covers pensioner and deferred members of the medical equipment manufacturer's scheme and includes the option to convert to a buyout further down the track. It is also Standard Life's first...

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