Deloitte UK DB scheme secures 'ambitious' £700m BPA deal with Standard Life

Transaction secures the benefits of all the pensioner and deferred members of the legacy scheme

Holly Roach
clock • 3 min read
Deloitte UK DB scheme secures 'ambitious' £700m BPA deal with Standard Life

The Deloitte UK Pension Scheme section of the Deloitte UK Pensions Master Plan has completed a £700m bulk purchase annuity (BPA) transaction with Standard Life.

The transaction – completed last month – secures the benefits of all pensioner and deferred members of the legacy defined benefit (DB) scheme. The deal will be followed by an "accelerated move" to ...

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