Taunton School and Aviva agree full scheme buy-in deal

Scheme has less than 100 members and will now proceed to full buyout and wind up

Holly Roach
clock • 2 min read
Taunton School and Aviva agree full scheme buy-in deal

Taunton School’s legacy defined benefit pension scheme has agreed a full buy-in deal with Aviva, securing the benefits of all members.

The scheme – which has less than 100 members and below £10m in assets – was able to complete the transaction following a lump sum contribution from the school. Broadstone provided annuity brokin...

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

Athora receives regulatory approval for PIC acquisition

Athora receives regulatory approval for PIC acquisition

PRA greenlights £5.7bn takeover deal as Athora raises £3bn in new equity

Jonathan Stapleton
clock 06 March 2026 • 1 min read
Safeway scheme secures £80m buy-in with Canada Life

Safeway scheme secures £80m buy-in with Canada Life

BPA transaction secures the benefits of 350 deferred members and 1,450 pensioners

Martin Richmond
clock 02 March 2026 • 2 min read
One third think most schemes will reach buyout within three years

One third think most schemes will reach buyout within three years

SPP finds most professionals think fewer than half of schemes will complete buyout in three years

Jasmine Urquhart
clock 25 February 2026 • 1 min read
Trustpilot