Sackers advises Trustee of the Reuters Pension Fund on £625m buy-in with Canada Life

Stuart O’Brien, partner, advised the Trustee of The Reuters Pension Fund on a £625m full pensioner buy-in with Canada Life in the insurer’s largest ever deal.

Trustee Chairman, Greg Meekings, thanked all of the scheme’s advisers for enabling the transaction to complete “in such a short timescale”, adding, “This transaction has led to a major improvement to the security of our members’ pensions by taking a significant amount of risk out of the scheme.”

Read the full article in Professional Pensions and Pensions Age

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