Premdor Crosby Pension Plan secures £16m buy-in with Royal London

Transaction secures the benefits of 181 scheme members

Holly Roach
clock • 2 min read
Premdor Crosby Pension Plan secures £16m buy-in with Royal London

The Premdor Crosby Pension Plan has completed a £16m buy-in transaction with Royal London.

The bulk purchase annuity (BPA) deal covers the benefits of 181 scheme members and marks the first time Royal London has used its deferred premium solution – with part of the premium deferred until...

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