Greene King completes £50m buy-in with Scottish Widows

Victoria Tichá
clock • 2 min read

Pub retailer and brewer Greene King has signed a £50m bulk annuity contract with Scottish Widows for the Spirit Pension Scheme.

The FTSE 250 company wrote the £50m buy-in to cover the pensioner liabilities of the defined benefit (DB) scheme in its first bulk annuity transaction. The deal, announced today (17 September), ...

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Victoria Tichá
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