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...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
