DAS Insurance scheme completes £72m buy-in with Canada Life

Transaction fully secures the benefits for 134 pensioners and 444 deferred members

Martin Richmond
clock • 2 min read
DAS Insurance scheme completes £72m buy-in with Canada Life

The DAS Legal Expenses Insurance Company Limited Pension and Life Assurance Scheme has completed a £72m full scheme buy-in with Canada Life.

The bulk annuity transaction for the scheme was completed using WTW's streamlined bulk annuity service and fully secures the benefits of 134 pensioners and 444 deferred members. WTW served as ad...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

Less than half of employers have green pensions as default option

How are pension schemes dealing with vulnerable members?

More on Risk Reduction

BT Pension Scheme completes two longevity swap deals totalling £10bn
Risk Reduction

BT Pension Scheme completes two longevity swap deals totalling £10bn

Deals with Swiss Re and RGA further protect scheme from unexpected life expectancy rises

Jonathan Stapleton
Jonathan Stapleton
clock 21 March 2025 • 2 min read
Anglo American completes £785m combined buy-in transaction with L&G
Risk Reduction

Anglo American completes £785m combined buy-in transaction with L&G

Deal covers three schemes and secures the benefits for 5,100 retirees and 2,500 deferred members

Holly Roach
Holly Roach
clock 20 March 2025 • 3 min read
Church of Scotland secures £75m multi-scheme buy-in deal with Just Group
Risk Reduction

Church of Scotland secures £75m multi-scheme buy-in deal with Just Group

Transaction covers two schemes and three sections sponsored by the Church of Scotland

Holly Roach
Holly Roach
clock 18 March 2025 • 2 min read
Trustpilot