Merseyside Pension Fund agrees £200m buy-in deal with Aviva

Transaction secures the benefits of around 2,500 scheme members

Holly Roach
clock • 3 min read
Merseyside Pension Fund agrees £200m buy-in deal with Aviva

The Merseyside Pension Fund has agreed a £200m buy-in deal with Aviva.

The bulk purchase annuity (BPA) deal – completed in June – secures the benefits of around 2,500 members of the scheme, which is managed and administered by Wirral Borough Council under its employer...

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