Altro scheme completes £85m 'BPA-plus' transaction with M&G

Risk reduction deal secures the benefits of 740 members

Martin Richmond
clock • 2 min read
Altro scheme completes £85m 'BPA-plus' transaction with M&G

The Altro Pension Scheme has completed an £85m bulk purchase annuity (BPA) transaction with M&G.

The transaction, completed through the insurer's ‘BPA-plus' proposition in April this year, has secured the benefits of 740 members and their dependents. The scheme is sponsored by Altro Limited...

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