The Smiths Industries Pension Scheme has secured a £146m buy-in with Canada Life in its fourth bulk annuity and its sponsor’s tenth overall.
The TI Group Pension Scheme, sponsored by industrial technology firm Smiths Group, has completed a £142m buy-in with Aviva.
The Smiths Industries Pension Scheme has secured a £176m buy-in with Canada Life, its second with the insurer.
While many schemes may feel their path to buyout will be a long one there are opportunities available to accelerate the process says David Bunkle.