Aegon completes £160m buy-in with Scottish Widows

Partial risk reduction transaction secures the benefits of 500 members

Martin Richmond
clock • 1 min read
Aegon completes £160m buy-in with Scottish Widows

The Aegon UK Staff Retirement and Death Benefit Scheme has completed a £160m buy-in with Scottish Widows.

The partial bulk annuity transaction has removed the interest rate, inflation, and longevity risk for 500 scheme members which covers £1bn in assets under management. Hymans Robertson served as ...

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