Vector Pension Scheme inks £114m full buy-in with Standard Life

Bulk purchase annuity deal secures the benefits of around 1,800 scheme members

Martin Richmond
clock • 2 min read
Vector Pension Scheme inks £114m full buy-in with Standard Life

The Vector Pension Scheme has completed a £114m full buy-in with Standard Life covering the benefits of approximately 1,800 members of the scheme.

The bulk purchase annuity transaction for the scheme, sponsored by Vector Industries, was finalised last November and followed close collaboration between the trustee and Standard Life over an exte...

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Martin Richmond
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Martin Richmond

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