Deutsche Bank scheme and Aviva complete £400m buy-in

The BPA deal secures the DB liabilities of nearly 1,300 scheme members

Holly Roach
clock • 1 min read
Deutsche Bank scheme and Aviva complete £400m buy-in

The trustees of Deutsche Bank’s UK defined benefit (DB) pension scheme have completed a £400m buy-in with Aviva.

Aviva said the deal - which secures the DB liabilities of around 1,300 members - removes the investment and longevity risk of these members from the scheme. The deal was completed using an ‘umbr...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

Trustees need to retain ability to exercise judgement on discretionary increases, APPT says

CDC is 'divisive solution' but 'could prove to be good enough'

More on Risk Reduction

Two pension schemes secure buy-in deals worth £130m with Aviva
Risk Reduction

Two pension schemes secure buy-in deals worth £130m with Aviva

Transactions secure the benefits of 600 deferred members as well as 1,200 pensioners and dependants across the two schemes

Holly Roach
Holly Roach
clock 22 October 2025 • 2 min read
Member experience should be prioritised in buy-ins and buyouts
Risk Reduction

Member experience should be prioritised in buy-ins and buyouts

Hymans Robertson says ‘smoother transition’ will be enabled by good member experience

Jasmine Urquhart
Jasmine Urquhart
clock 21 October 2025 • 1 min read
LGPS surplus grows to £147bn on low-risk basis
Risk Reduction

LGPS surplus grows to £147bn on low-risk basis

Isio’s Low-Risk Funding Index finds funding level increased to 147%

Jasmine Urquhart
Jasmine Urquhart
clock 17 October 2025 • 1 min read
Trustpilot