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

More on Risk Reduction

Geoghegan & Company Staff Pension Scheme secures £1.5m buy-in with Just

Geoghegan & Company Staff Pension Scheme secures £1.5m buy-in with Just

Full scheme buy in secures the benefits of eight deferred members and eight pensioners

Holly Roach
clock 18 February 2025 • 2 min read
Deutz scheme secures £16m buy-in deal with Just Group

Deutz scheme secures £16m buy-in deal with Just Group

Transaction secures the benefits of 181 scheme members

Holly Roach
clock 17 February 2025 • 2 min read
Low & Bonar Group scheme completes £50m buy-in with Just Group

Low & Bonar Group scheme completes £50m buy-in with Just Group

Buy-in which secures benefits of around 1,700 remaining uninsured members

Jasmine Urquhart
clock 14 February 2025 • 1 min read
Trustpilot