(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) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, investment, National Grid Electricity, partnership, Pensioner Buy-In, Sean Rooney, Stephen Yandle, sustainability, Tom Scott, Zurich UK
(IN BRIEF) Aviva has successfully finalized a £130 million bulk purchase annuity full scheme buy-in with the Trustee of the Telereal Pension Plan, sponsored by Telereal Services Limited. This move will see Aviva insuring defined benefit liabilities for approximately 500 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Carl Clissold, Joe Hathaway, Sean Rooney, Telereal Pension Plan Benefits
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