Harrods scheme and Scottish Widows complete £400m buy-in

Deal insures the benefits of around 1,900 pensioners and 2,100 deferred members

Holly Roach
clock • 1 min read
Harrods scheme and Scottish Widows complete £400m buy-in

The Harrods Group Pension Plan has completed a £400m buy-in transaction with Scottish Widows.

The deal - announced today (12 June) - secures the benefits of around 1,900 pensioners and 2,100 deferred members. XPS Pensions Group acted as lead transaction adviser on the deal, while legal a...

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Holly Roach
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Holly Roach

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