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Insurance Asset News
PRT & Longevity

Standard Life Aberdeen completes £1.6bn buy-in for own pension scheme

By IAN Editorial Desk
15 December 2018·Updated 26 August 2026·1 min read

By IAN Editorial Desk Standard Life Aberdeen today completed a £1.6bn bulk annuity buy-in for its own pension scheme, backed by the £166bn life and pensions...

Standard Life Aberdeen today completed a £1.6bn bulk annuity buy-in for its own pension scheme, backed by the £166bn life and pensions balance sheet of Standard Life Assurance.

Standard Life Assurance comprises Standard Life Aberdeen's UK and European life and pension businesses, with assets of £166bn supporting the insurer’s ability to write large-scale de-risking transactions.

Phoenix Group agreed total consideration…

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