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

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

Holly Roach
clock • 1 min read
Sibelco scheme and Aviva agree £165m buy-in deal

The Sibelco UK Occupational Pension Scheme has completed a £165m full buy-in deal with Aviva.

The transaction – completed in April – secures the benefits of 1,200 scheme members. Lane Clark & Peacock (LCP) acted as lead adviser on the deal, while Fieldfisher provided legal advice. Tru...

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