Compass Group Pension Plan completes £1.5bn buy-in with Standard Life

Deal secures benefits of over 14,000 pensioner and 11,000 deferred members

Jonathan Stapleton
clock • 2 min read
Compass Group is a contract catering and food services business
Image:

Compass Group is a contract catering and food services business

The Compass Group Pension Plan has completed a £1.5bn bulk purchase annuity (BPA) deal with Phoenix Group’s Standard Life.

The food service company's scheme said the deal, which transacted in December 2024, is a buy-in for the majority of the plan's members and secures the benefits of over 14,000 pensioner members and ...

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