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

Blake Lapthorn Pension Fund completes £5.7m buyout with Aviva

Blake Lapthorn Pension Fund completes £5.7m buyout with Aviva

Transaction is the first to be completed using the fast track feature of Aviva’s Clarity service

Holly Roach
clock 16 December 2025 • 3 min read
Pension risk transfer: The year in review

Pension risk transfer: The year in review

Tom Seecharan says the underlying story of the PRT market remains one of growth

Tom Seecharan
clock 12 December 2025 • 3 min read
Watts Cliff scheme agrees £4m buy-in with Aviva

Watts Cliff scheme agrees £4m buy-in with Aviva

Transaction was completed using Aviva’s Clarity solution and secures the benefits of 51 members

Holly Roach
clock 10 December 2025 • 2 min read
Trustpilot