(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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