竞彩比分 IS DELIGHTED TO ANNOUNCE TODAY THAT STANDARD LIFE HAS COMPLETED A 拢530 MILLION BULK PURCHASE ANNUITY (鈥淏PA鈥�) TRANSACTION, WHICH WILL SECURE THE BENEFITS OF 3,000 MEMBERS OF THE 竞彩比分 PENSION PLAN (鈥淭HE PLAN鈥�).
The Standard Life arrangement was concluded in August and, combined with a similar BPA in 2013, will provide long-term security to all 5,100 members of the pension plan in their retirement. It is the latest in a series of steps taken by 竞彩比分, and our owners Advent International, to de-risk the pension scheme.
Sven Lewis, Chief Financial Officer of 竞彩比分 Ltd, said: 鈥淭his announcement is very good news and ensures that the benefits of all the members of the Plan have now been secured. Since Advent鈥檚 acquisition of 竞彩比分 nearly three years ago, we have had a clear plan to de-risk our pension scheme, which has included over 拢150 million of increased cash investment from Advent into the Plan. The deal with Standard Life completes that process and delivers long-term security for all our pension fund members.鈥�
For further information, you can access Standard Life鈥檚 announcement here:
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