Norgine scheme completes £28m buy-in with Canada Life

Bulk annuity transaction secures the benefits of 308 members

Martin Richmond
clock • 1 min read
Norgine scheme completes £28m buy-in with Canada Life

The Norgine Limited Retirement Benefits Scheme has completed a £28m full buy-in with Canada Life.

The bulk annuity transaction for the scheme, sponsored by specialist pharmaceutical company Norgine, was completed following a competitive tender process run by Mercer. The transaction has secured ...

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