Nationwide secures £172m buy-in with Canada Life

Nationwide Building Society deal covers its pensioners across Cheshire and Derbyshire

Hope William-Smith
clock • 1 min read
Nationwide secures £172m buy-in with Canada Life

The Nationwide Pension Fund has completed a £172m buy-in with Canada Life, securing pensioners in its Cheshire and Derbyshire sections.

Nationwide Pension Fund chair and BESTrustees executive Catherine Redmond said the bulk annuity deal was "great news" for scheme members. "We as a trustee board are delighted to have taken this ...

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