Greggs scheme bakes up £100m buy-in deal with Aviva

Bulk annuity transaction will cover the majority of the scheme’s liabilities

Martin Richmond
clock • 2 min read
Greggs scheme bakes up £100m buy-in deal with Aviva

The Greggs 1978 Retirement and Death Benefit Scheme has completed a £100m buy-in with Aviva.

The bulk annuity transaction for the scheme, sponsored by bakery chain Greggs, has covered the majority of the scheme's liabilities. As part of the trustee's long-term de-risking strategy, Greggs p...

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Martin Richmond
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Martin Richmond

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