Avon Cosmetics secures £235m buy-in with M&G

Transaction secures the benefits of over 3,000 scheme members

Holly Roach
clock • 1 min read
Avon Cosmetics secures £235m buy-in with M&G

The Avon Cosmetics Pension Plan has completed a £235m buy-in with M&G.

The bulk purchase annuity transaction secures the benefits of over 3,000 scheme members, with the trustees selecting M&G as insurer due to its "strong proposition" and the "enhanced level of suppor...

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