Guilbert UK Retirement Benefits Plan and Aviva sign £140m buy-in deal

The bulk purchase annuity transaction insures the liabilities of 1,500 scheme members

Holly Roach
clock • 2 min read
Guilbert UK Retirement Benefits Plan and Aviva sign £140m buy-in deal

The Guilbert UK Retirement Benefits Plan has completed a £140m full scheme buy-in with Aviva, securing the benefits of all members.

The bulk purchase annuity (BPA) transaction was completed in August and has insured the liabilities of 1,500 members of the scheme - which is sponsored by Office Depot UK Pension Sponsor.   A...

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