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

More on Risk Reduction

Member experience becoming 'key factor' in insurer selection

Member experience becoming 'key factor' in insurer selection

LCP says one third see member experience as ‘deciding factor’ if price was equal

Jasmine Urquhart
clock 04 July 2025 • 1 min read
Athora to acquire Pension Insurance Corporation for £5.7bn

Athora to acquire Pension Insurance Corporation for £5.7bn

Deal sees PIC owned by a single strategic owner for the first time in its 20-year history

Jonathan Stapleton
clock 03 July 2025 • 4 min read
Molins UK scheme and Aviva manufacture £249m buy-in deal

Molins UK scheme and Aviva manufacture £249m buy-in deal

The BPA transaction secures the benefits of over 3,500 scheme members

Holly Roach
clock 01 July 2025 • 2 min read
Trustpilot