(IN BRIEF) Aviva has successfully finalized a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan, sponsored by Office Depot UK Pension Sponsor Limited. This transaction covers around 1,500 members … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Bulk Annuity Deal, Emma Thomas, Financial, investment, Jani Singh, Member Benefits, Michelle Doman, Mike Roberts, Niamh Hamlyn, pension, retirement
(IN BRIEF) Aviva has successfully obtained a £120 million full scheme buy-in for the NTL 1999 Pension Scheme. This agreement allows Aviva to assume the defined benefit liabilities of approximately 650 members, mitigating the investment and longevity risks associated with … Read the full press release
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