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...

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