Industrials sector scheme completes £105m full buy-in with Canada Life

Risk reduction transaction secures the benefits of over 1,800 pensioners and deferred members

Martin Richmond
clock • 1 min read
Industrials sector scheme completes £105m full buy-in with Canada Life

An unnamed scheme sponsored by an industrials sector company has completed a £105m full buy-in with Canada Life.

The transaction for the scheme has fully secured the benefits of over 350 deferred members and over 1,450 pensioners. LCP acted as the lead transaction adviser, while Mercer was actuarial and in...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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