Halma and Apollo schemes secure buy-in deals with Standard Life worth £250m

Bulk purchase annuity worth £250m and secure the benefits of 2,200 scheme members

Holly Roach
clock • 2 min read
Halma and Apollo schemes secure buy-in deals with Standard Life worth £250m

The Halma Group Pension Plan and the Apollo Pension and Life Assurance Plan have entered buy-in deals with Standard Life worth £250m.

The bulk purchase annuity (BPA) secures the benefits of 2,200 members of both schemes, with the transactions completing in September. Standard Life said it collaborated closely with the trustees...

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Holly Roach
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Holly Roach

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