Phoenix's Standard Life Concludes Vector Buy-In
Standard Life, which is part of Phoenix Group, has concluded a £114 million Bulk Purchase Annuity transaction covering roughly 1,800 members of the Vector Pension Scheme, which is sponsored by Vector Industries Limited. This is a full scheme bulk purchase annuity arrangement. The Trustee of the Scheme worked with Standard Life over an extended period…
Source: swfinstitute.org