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