Skanska Pension Fund agrees £525m full buy-in with Standard Life

Transaction secures the benefits of 5,500 scheme members

Holly Roach
clock • 2 min read
Skanska Pension Fund agrees £525m full buy-in with Standard Life

The Skanska Pension Fund has completed a £525m full buy-in with Standard Life.

The transaction with the scheme secures the benefits of all 5,500 members and included the novation of the fund's existing longevity swap it held with Zurich Assurance, with reinsurance provided by...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Financial services scheme completes £100m 'BPA-plus' transaction with M&G

Financial services scheme completes £100m 'BPA-plus' transaction with M&G

Deal using BPA-plus proposition secures the benefits of 650 scheme members

Martin Richmond
clock 10 September 2026 • 2 min read
UK BPA volumes in H1 2026 expected to exceed £10bn

UK BPA volumes in H1 2026 expected to exceed £10bn

Aon says the BPA market remains as ‘competitive as ever’

Martin Richmond
clock 09 September 2026 • 2 min read
Manufacturing sector scheme secures £11m buy-in deal with Just Group

Manufacturing sector scheme secures £11m buy-in deal with Just Group

Transaction secures the benefits of 87 members of the scheme

Holly Roach
clock 03 September 2026 • 1 min read
Trustpilot