(IN BRIEF) Aviva has completed a £134 million bulk purchase annuity with the Quest UK Pension Scheme, securing the pensions of over 440 members sponsored by Givaudan UK Limited. This marks the second risk transfer between Aviva and Givaudan, following … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Aon, Aviva, BPA, bulk purchase annuity, Christian Frener, defined benefit, Givaudan International SA, Givaudan UK Limited, HSF Kramer, Ian Messenger, insurance buy-in, Jamil Merali, member security, partnership, Pension Risk Transfer, Quest UK Pension Scheme, retirement solutions, Sean Rooney, UK pensions market
(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns … Read the full press release
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