Canada Life secures £48m oil and gas pension risk transfer
By IAN Editorial Desk
News date: 2 July 2026Published 7 July 2026·1 min read
The full-scheme buy-in secures benefits for more than 500 pensioner and deferred members of an unnamed oil and gas scheme.
Canada Life completed a £48m full-scheme buy-in with an unnamed oil and gas sector pension scheme, securing benefits for more than 500 pensioner and deferred members. The transaction covers the whole scheme under a buy-in structure.
In a buy-in, the insurance policy is held as an asset of the pension scheme, helping to hedge liability movements without discharging the scheme’s…
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