NETHERLANDS - The pension fund for food manufacturer Hero has completed a €44m ($58m) buy-in deal, the first of its kind in the Netherlands.
The pension fund used a UK-developed buy-in solution which does not require member or regulator approval, enabling a faster transaction. As a result, Hero was able to liquidate its pension fund and...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
