Telereal Pension Plan completes £130m buy-in with Aviva

Transaction insures DB liabilities of around 500 members

Jasmine Urquhart
clock • 1 min read
Aviva and the Telereal Pension Plan have completed a £130m buy-in
Image:

Aviva and the Telereal Pension Plan have completed a £130m buy-in

The Telereal Pension Plan has completed a £130m full scheme buy-in with Aviva.

The transaction – which was completed in December last year and announced today (28 May) – insures the defined benefit (DB) liabilities of around 500 members and removes the investment and longevit...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Contship Containerlines scheme completes £25m buy-in with L&G

Contship Containerlines scheme completes £25m buy-in with L&G

Transaction fully insures the benefits for around 150 members of the scheme

Martin Richmond
clock 24 June 2024 • 2 min read
Sibelco scheme and Aviva agree £165m buy-in deal

Sibelco scheme and Aviva agree £165m buy-in deal

Transaction secures the benefits of all 1,200 members of the scheme

Holly Roach
clock 19 June 2024 • 1 min read
Pharmacists look to appeal over Boots Pension Scheme buy-in complaints

Pharmacists look to appeal over Boots Pension Scheme buy-in complaints

PDA Union says it will exhaust internal dispute processes before taking case to Ombudsman

Jonathan Stapleton
clock 12 June 2024 • 2 min read
Trustpilot