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...

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

Pensions Investment Review 'genuinely radical'

Pensions minister: Mansion House Compact does not go far enough

More on Risk Reduction

Schemes urged to 'tackle the tough questions' when deciding endgame strategy
Risk Reduction

Schemes urged to 'tackle the tough questions' when deciding endgame strategy

LCP urges stakeholders to ‘grasp the nettle’ to avoid ‘sleepwalking’ into endgame strategy

Jonathan Stapleton
Jonathan Stapleton
clock 19 November 2024 • 2 min read
Walkers Shortbread scheme bakes up £34m buy-in deal with L&G
Risk Reduction

Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Transaction secures the benefits of 161 retirees and 238 deferred members

Holly Roach
Holly Roach
clock 14 November 2024 • 2 min read
UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group
Risk Reduction

UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

Insurer’s largest risk reduction deal to date secures benefits for around 22,500 members

Martin Richmond
Martin Richmond
clock 14 November 2024 • 4 min read
Trustpilot