Scottish Widows completes its biggest ever buy-in with Littlewoods

James Phillips
clock • 2 min read

The trustees of the Littlewoods Pensions Scheme have agreed an £880m pensioner buy-in with Scottish Widows.

The deal covers nearly 7,000 members and roughly 60% of the scheme's liabilities, and is Scottish Widows' largest bulk annuity transaction to date, and the second largest buy-in this year so far. ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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