The British Red Cross Pension Fund and the Scottish Branch British Red Cross Society Retirement Benefits Scheme have completed a £30m buyout with Aviva.
The bulk annuity transaction, which was completed in March, has insured the benefits for approximately 360 members across both schemes and has removed the members' investment and longevity risk. ...
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