An unnamed pension scheme sponsored by a UK insurance company has completed a £150m bulk purchase annuity (BPA) transaction with M&G, securing the benefits of nearly 1,200 members.
This is the latest deal to be completed through M&G's ‘BPA-plus' proposition, which utilises the firm's £132bn with-profits fund. M&G announced its first BPA-plus deal in March and a further deal l...
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