Financial services sector pension scheme secures £40m buy-in with Canada Life

Transaction secures the benefits of around 80 pensioners and 60 deferred members

Holly Roach
clock • 1 min read
Financial services sector pension scheme secures £40m buy-in with Canada Life

A financial services sector pension scheme has completed a £40m buy-in deal with Canada Life.

The transaction secures the benefits of around 80 pensioners and 60 deferred scheme members. Hymans Robertson was lead broker and adviser to the scheme during the transaction process. PBW Admini...

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

UPDATED - Clara announces £135m superfund deal with Arco pension scheme

UPDATED - Clara announces £135m superfund deal with Arco pension scheme

Deal is Clara’s seventh with 2-3 more expected this year

Jonathan Stapleton
clock 29 September 2026 • 3 min read
Buy-in to buyout and member experience

Buy-in to buyout and member experience

What best-in-class transitions and member service looks like

Jonathan Stapleton
clock 24 September 2026 • 37 min read
Just Group posts H1 results revealing £647m in PRT sales

Just Group posts H1 results revealing £647m in PRT sales

Insurer says its strong position in the smaller scheme segment has led to steady deal flow

Jonathan Stapleton
clock 22 September 2026 • 2 min read
Trustpilot