MGM Assurance scheme completes £80m buy-in with Standard Life

BPA transaction secures the benefits of around 700 scheme members

Holly Roach
clock • 2 min read
MGM Assurance scheme completes £80m buy-in with Standard Life

The MGM Assurance Staff Pension Plan has completed an £80m buy-in with Standard Life.

The bulk purchase annuity transaction - completed in March - secures the benefits of around 700 scheme members. XPS Pensions Group was lead adviser to the trustee, while Hogan Lovells Internatio...

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Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

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