Inchcape has wound up the TKM Group scheme through a buyout with Aviva that covers £300m of pension liabilities.
The deal, which was completed within two months of the initial conversation, involves Aviva assuming responsibility for paying pensions to over 3,000 retired members and 1,700 deferred members. ...
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
