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

Increased insurer competition for smaller BPA transactions in 2025, Aon finds

Increased insurer competition for smaller BPA transactions in 2025, Aon finds

Consultancy’s risk settlement update shows majority of transactions completed were under £100m

Martin Richmond
clock 30 March 2026 • 2 min read
Rothesay publishes full-year trading update revealing £5.2bn of business in 2025

Rothesay publishes full-year trading update revealing £5.2bn of business in 2025

Deal volumes fall back from 2024 level but insurer says demand remains strong

Jonathan Stapleton
clock 27 March 2026 • 2 min read
Record level of buy-in transactions in PRT market in 2025, LCP finds

Record level of buy-in transactions in PRT market in 2025, LCP finds

Consultancy’s analysis shows more than 200 buy-ins were completed in H2 2025

Martin Richmond
clock 27 March 2026 • 3 min read
Trustpilot