Section of the MMC UK scheme completes £1.9bn buy-in with Standard Life

Transactions insures the benefits of 6,500 scheme members

Holly Roach
clock • 2 min read
Section of the MMC UK scheme completes £1.9bn buy-in with Standard Life

The Sedgwick Section of the MMC UK Pension Fund has secured a £1.9bn buy-in deal with Standard Life.

The transaction secures the benefits of 6,500 members of the scheme, who were previously employed by Sedgwick Group – which was acquired by Marsh McLennan in 1998. The bulk annuity transaction –...

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