NSK scheme agrees £309m buy-in with M&G

BPA transaction secures the benefits of 3,700 pensioner and deferred members

Holly Roach
clock • 3 min read
NSK scheme agrees £309m buy-in with M&G

The NSK Pension Scheme has completed a £309m buy-in deal with M&G.

The bulk purchase annuity deal with the scheme – sponsored by automotive, bearings and precision machinery manufacturing firm NSK UK – secures the benefits of 3,700 pensioner and deferred members. ...

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