Unnamed scheme secures £361m full buy-in with Canada Life

Transaction secures the benefits of over 850 deferred members and 650 pensioners

Holly Roach
clock • 2 min read
Unnamed scheme secures £361m full buy-in with Canada Life

An unnamed pension scheme has completed a £361m full buy-in with Canada Life.

  The transaction – which is Canada Life's largest single transaction to date covering deferred lives – secures the benefits of over 850 deferred members and around 650 pensioner members. Mer...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Record number of buy-in transactions completed in 2024

Record number of buy-in transactions completed in 2024

Hymans analysis shows total PRT volumes in 2024 expected to amount to £47.6bn

Martin Richmond
clock 21 March 2025 • 2 min read
BT Pension Scheme completes two longevity swap deals totalling £10bn

BT Pension Scheme completes two longevity swap deals totalling £10bn

Deals with Swiss Re and RGA further protect scheme from unexpected life expectancy rises

Jonathan Stapleton
clock 21 March 2025 • 2 min read
Anglo American completes £785m combined buy-in transaction with L&G

Anglo American completes £785m combined buy-in transaction with L&G

Deal covers three schemes and secures the benefits for 5,100 retirees and 2,500 deferred members

Holly Roach
clock 20 March 2025 • 3 min read
Trustpilot