Chapelthorpe scheme completes £34m buy-in

The deal with Aviva secures the benefits of the remaining uninsured scheme members

Holly Roach
clock • 1 min read
Chapelthorpe scheme completes £34m buy-in

The Chapelthorpe Plc Pension Fund has completed a £34m buy-in with Aviva, securing the benefits of the remaining 805 uninsured members of the scheme.

The transaction - completed in December - covers all members including 517 pensioners and 288 deferred members. This completes the insurance process, and the Chapelthorpe Pension Fund will now move...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Aon publishes letter on UK BPA market

Aon publishes letter on UK BPA market

Letter champions innovation, member experience, transparency and planning

Jasmine Urquhart
clock 03 February 2025 • 1 min read
Lufthansa agrees £120m buy-in with Royal London

Lufthansa agrees £120m buy-in with Royal London

Transaction spans across the company’s three DB schemes

Holly Roach
clock 03 February 2025 • 1 min read
FSCS Pension Scheme secures £25m buy-in deal with PIC

FSCS Pension Scheme secures £25m buy-in deal with PIC

Full-scheme transaction secures the benefits of 37 pensioners and 117 deferred members

Holly Roach
clock 03 February 2025 • 2 min read
Trustpilot