Scheme of UK asset manager secures £111m BPA deal with M&G

Insurer has signed a £111m BPA deal with an unnamed pension scheme

Holly Roach
clock • 2 min read
Scheme of UK asset manager secures £111m BPA deal with M&G

A pension scheme sponsored by a UK asset manager has secured a £111m bulk purchase annuity (BPA) transaction with M&G.

The deal – completed in a "compressed timeline" – secures the benefits of 466 pensioner and deferred members of the scheme. Isio acted as risk settlement adviser and investment consultant to the...

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Holly Roach
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