WH Smith scheme seals £1bn buy-in with Standard Life

The bulk annuity transaction has secured the benefits of the trust’s 13,000 members

Holly Roach
clock • 2 min read
WH Smith scheme seals £1bn buy-in with Standard Life

The WH Smith Pension Trust has insured the benefits of all its pension members in a £1bn buy-in transaction with Standard Life.

The bulk purchase annuity transaction - completed earlier this month - secures the benefits of around 13,000 members of the trust. Lane Clark & Peacock (LCP) acted as lead adviser for the transa...

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