Lexmark Pension Plan inks buy-in deal with Canada Life
The Lexmark Pension Plan has completed a £46m full scheme buy-in with Canada Life, securing the benefits of 177 members.
Source: professionalpensions.com
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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
Vector Pension Scheme inks £114m full buy-in with Standard Life
The Vector Pension Scheme has completed a £114m full buy-in with Standard Life covering the benefits of approximately 1,800 members of the scheme.
Source: professionalpensions.com