Sibelco scheme and Aviva agree £165m buy-in deal

Transaction secures the benefits of all 1,200 members of the scheme

Holly Roach
clock • 1 min read
Sibelco scheme and Aviva agree £165m buy-in deal

The Sibelco UK Occupational Pension Scheme has completed a £165m full buy-in deal with Aviva.

The transaction – completed in April – secures the benefits of 1,200 scheme members. Lane Clark & Peacock (LCP) acted as lead adviser on the deal, while Fieldfisher provided legal advice. Tru...

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

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

Nest Insight receives £1.5m commitment from The BlackRock Foundation

South East Water Pension Scheme secures £120m buy-in deal with Just Group

More on Risk Reduction

South East Water Pension Scheme secures £120m buy-in deal with Just Group
Risk Reduction

South East Water Pension Scheme secures £120m buy-in deal with Just Group

Second transaction with the scheme means all member benefits are now insured

Holly Roach
Holly Roach
clock 14 April 2025 • 2 min read
Escrow: The unsolved solution to pension problems?
Risk Reduction

Escrow: The unsolved solution to pension problems?

LawDeb and Dentons look at the use of escrow to solve problems such as trapped surplus

James Rickards and Carolyn Saunders
clock 14 April 2025 • 4 min read
L&G secures £800m for smaller schemes through its tailored solution
Risk Reduction

L&G secures £800m for smaller schemes through its tailored solution

Most transactions with service were with clients of L&G’s asset management business

Jasmine Urquhart
Jasmine Urquhart
clock 10 April 2025 • 1 min read
Trustpilot