ESPS completes £805m buy-in with Scottish Widows

James Phillips
clock • 2 min read

The Electricity North West Group of the Electricity Supply Pension Scheme (ESPS) has invested in an £805m pensioner buy-in with Scottish Widows.

The deal is the first for the section of the scheme, and covers around 4,000 members and half of the liabilities. It is the second announced transaction by Scottish Widows this year. The insurer al...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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