Unisys schemes complete £300m full buy-in with Standard Life

Bulk purchase annuity deal secures benefits of 2,400 scheme members

Holly Roach
clock • 2 min read
Unisys schemes complete £300m full buy-in with Standard Life

The iPSL section of the Unisys Payment Services Limited Pension Scheme and the Unisys Public Sector Pension Scheme have completed full scheme buy-ins worth £300m with Standard Life.

The bulk purchase annuity (BPA) transaction - completed in November 2023 following an initial market brokering exercise early last year - have secured the benefits of 2,400 scheme members. After...

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

Hartwells Pension Plan agrees £160m buy-in with Just Group

Hartwells Pension Plan agrees £160m buy-in with Just Group

Transaction secures the benefits of all 2,361 scheme members

Holly Roach
clock 03 June 2026 • 3 min read
Church of Scotland scheme agrees £220m buy-in with Just Group

Church of Scotland scheme agrees £220m buy-in with Just Group

Transaction secures the benefits of 2,800 pensioner members and 700 deferred members

Holly Roach
clock 28 May 2026 • 2 min read
F Hinds scheme secures £42m buy-in with Royal London

F Hinds scheme secures £42m buy-in with Royal London

BPA transaction secures the benefits of 485 pensioners

Holly Roach
clock 27 May 2026 • 2 min read
Trustpilot