Smiths Group completes £142m buy-in with Aviva

James Phillips
clock • 1 min read

The TI Group Pension Scheme, sponsored by industrial technology firm Smiths Group, has completed a £142m buy-in with Aviva.

The transaction insures the benefits of 1,224 pensioner liabilities and is the sixth bulk annuity tranche agreed by the scheme. As of the last buy-in, completed in 2017 with Pension Insurance Co...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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