Milliken Industrials scheme secures £44m buy-in with Royal London

Transaction secures the benefits of 500 scheme members

Holly Roach
clock • 2 min read
Milliken Industrials scheme secures £44m buy-in with Royal London

The Milliken Industrials Limited Pension Plan has completed a £44m buy-in deal with Royal London.

The bulk purchase annuity (BPA) transaction secures the benefits of 500 scheme members. The trustees were advised during the process by Barnett Waddingham and Eversheds Sutherland, while Royal L...

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