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...

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

Vistry secures £155m multi-scheme buy-in deal with PIC

Vistry secures £155m multi-scheme buy-in deal with PIC

Transaction covers three final salary schemes, securing the benefits of 1,671 members

Holly Roach
clock 10 February 2026 • 1 min read
KLM UK Pension Scheme completes £240m buy-in with Rothesay

KLM UK Pension Scheme completes £240m buy-in with Rothesay

Transaction secures the benefits of the remaining 1,852 scheme members

Holly Roach
clock 10 February 2026 • 3 min read
What a £550bn BPA market really means

What a £550bn BPA market really means

Jon Yarker looks at what sustained high transaction volumes mean for the industry

Jon Yarker
clock 09 February 2026 • 7 min read
Trustpilot