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Rosie Fantom: This transaction demonstrates the benefits of BPA-plus, combining the certainty of a bulk annuity with the opportunity to deliver enhanced outcomes over time.
The Miller Retirement Benefits Scheme has completed a £100m bulk purchase annuity (BPA) transaction with M&G, securing the benefits of some 550 members.
The scheme is sponsored by specialist insurance and reinsurance broker Miller Insurance Services. This is the latest deal to be completed through M&G's ‘BPA-plus' proposition, which utilises the...
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