OSG Ship Management scheme secures £16m buy-in with Aviva

Full scheme transaction insures the liabilities of 53 members

Holly Roach
clock • 1 min read
OSG Ship Management scheme secures £16m buy-in with Aviva

The OSG Ship Management (UK) Limited Retirement Benefits Plan has secured a £16m buy-in deal with Aviva.

The full transaction with the scheme – sponsored the INSW Ship Management UK – secures the liabilities of 53 members and removes the associated investment and longevity risk. Entrust acted as so...

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Holly Roach
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Holly Roach

News Editor at Professional Pensions

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