Fortune 500 scheme agrees £150m full scheme buy-in

Bulk annuity with unnamed insurer is expected to convert to buyout soon

James Phillips
clock • 2 min read
Hymans Robertson head of risk transfer solutions James Mullins
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Hymans Robertson head of risk transfer solutions James Mullins

An unnamed Fortune 500 company pension scheme has completed a £150m full scheme buy-in for 400 pensioner and deferred members.

The deal concluded on 23 November and is expected to convert to buyout in the short-term. Neither the company nor the insurer were named, but the deal's advisers included Hymans Robertson as lead transaction...

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