Unnamed scheme secures £361m full buy-in with Canada Life

Transaction secures the benefits of over 850 deferred members and 650 pensioners

Holly Roach
clock • 2 min read
Unnamed scheme secures £361m full buy-in with Canada Life

An unnamed pension scheme has completed a £361m full buy-in with Canada Life.

  The transaction – which is Canada Life's largest single transaction to date covering deferred lives – secures the benefits of over 850 deferred members and around 650 pensioner members. Mer...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

90% of pension providers expect to meet dashboard connection deadlines, PDP finds

Industry supports DB surplus release so long as clear parameters set, Aon finds

More on Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says
Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says

Attractiveness of strategic run-on to grow as concept gains traction

Jasmine Urquhart
Jasmine Urquhart
clock 17 April 2025 • 3 min read
The real question trustees should be asking – why?
Risk Reduction

The real question trustees should be asking – why?

Antony Miller asks why innovation in DB consolidation is moving at such a snail’s pace

Antony Miller
clock 16 April 2025 • 3 min read
Escrow: The unsolved solution to pension problems?
Risk Reduction

Escrow: The unsolved solution to pension problems?

LawDeb and Dentons look at the use of escrow to solve problems such as trapped surplus

James Rickards and Carolyn Saunders
clock 14 April 2025 • 4 min read
Trustpilot