Morrisons bags £270m buy-in deal with Aviva

Third deal with the supermarket chain and the insurer secures benefits of 32,000 deferred members

Holly Roach
clock • 2 min read
Morrisons bags £270m buy-in deal with Aviva

The Morrisons Retirement Saver Plan has bagged a £270m buy-in deal with Aviva.

The bulk purchase annuity (BPA) deal with the scheme – sponsored by Wm Morrison Supermarkets – secures the benefits of over 32,000 deferred members. Aviva also underwrote a winding-up lump sum exer...

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