Findel scheme secures £175m full buy-in with Standard Life

The bulk annuity transaction covers all members of the Findel Group Pension Fund

Hope William-Smith
clock • 1 min read
Findel scheme secures £175m full buy-in with Standard Life

The trustees of the Findel Group Pension Fund have secured a £175m full scheme buy-in deal with Standard Life.

The deal covers all 2,000 members of the fund and was agreed in February before being transacted earlier this month. The trustees were advised by FRP Advisory, Pinsent Masons, and Barnett Waddingham,...

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