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
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
