The Vector Pension Scheme has completed a £114m full buy-in with Standard Life covering the benefits of approximately 1,800 members of the scheme.
The bulk purchase annuity transaction for the scheme, sponsored by Vector Industries, was finalised last November and followed close collaboration between the trustee and Standard Life over an exte...
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
