Wolseley Group secures £600m buy-in with Aviva

BPA transaction secures the benefits of nearly 10,000 scheme members

Holly Roach
clock • 2 min read
Wolseley Group secures £600m buy-in with Aviva

The Wolseley Group Retirement Benefits Plan has secured a £600m buy-in with Aviva.

The bulk purchase annuity (BPA) transaction – completed in September – secures the benefits of nearly 10,000 members and means all members of the defined benefit scheme are now insured. Aon was ...

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