St Paul's Cathedral scheme signs £18m buy-in with Aviva

Bulk purchase annuity transaction secures the benefits of all scheme members

Holly Roach
clock • 2 min read
St Paul's Cathedral and Aviva have completed an £18m buy-in with LCP's streamlined service
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St Paul's Cathedral and Aviva have completed an £18m buy-in with LCP's streamlined service

The St Paul’s Cathedral Pension and Life Assurance Scheme has completed an £18m buy-in deal with Aviva, securing the benefits of all scheme members.

The bulk purchase annuity transaction - completed within three weeks of selecting the preferred insurer - was completed without an additional contribution from the scheme's sponsoring employer, St ...

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