{"id":5361,"date":"2026-04-02T10:30:42","date_gmt":"2026-04-02T10:30:42","guid":{"rendered":"http:\/\/xinetica.com\/?p=5361"},"modified":"2026-04-02T14:29:38","modified_gmt":"2026-04-02T14:29:38","slug":"canada-life-secures-40m-bulk-annuity-deal-for-financial-sector-pension-scheme","status":"publish","type":"post","link":"http:\/\/xinetica.com\/index.php\/2026\/04\/02\/canada-life-secures-40m-bulk-annuity-deal-for-financial-sector-pension-scheme\/","title":{"rendered":"Canada Life secures \u00a340m bulk annuity deal for financial sector pension scheme"},"content":{"rendered":"

Canada Life, an insurance and financial services company, has completed a \u00a340 million full-scheme buy-in transaction with a financial services sector pension scheme.<\/p>\n

\"canada-life-logo\"According to the announcement, this deal secures the future benefits for more than 80 pensioners and 60 deferred members.<\/p>\n

The transaction saw Hymans Robertson act as lead broker on the deal and adviser to the scheme. Canada Life was advised by its in-house legal team.<\/p>\n

Stephenson Harwood advised the Trustees on legal issues, while PBW Administration acted as administrator, Goddard Perry as the scheme\u2019s actuarial adviser and Triangle Pensions offered Scheme secretarial services.<\/p>\n

Shreyas Sridhar, Managing Director, Bulk Purchase Annuities at Canada Life, said: \u201cWe would like to thank the Trustees for choosing Canada Life to securely protect this pension scheme\u2019s future member benefits.<\/p>\n

\n
\"Catastrophe<\/a><\/div>\n<\/div>\n

\u201cThis transaction was very swiftly completed thanks to Canada Life\u2019s agile handling of bespoke buy-in arrangements combined with cross party collaboration.\u201d<\/p>\n

Sam Warburton, Risk Transfer Specialist at Hymans Robertson, commented: \u201cWe are delighted to have supported the Trustees in taking this important step in their de\u2011risking journey.<\/p>\n

\u201cStrong collaboration across all parties enabled a smooth and efficient transaction, helping the Trustees secure an excellent outcome in a busy year for the bulk annuity market. We look forward to continuing to support the Trustees through the next stages of their journey.\u201d<\/p>\n

The post Canada Life secures \u00a340m bulk annuity deal for financial sector pension scheme<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada Life, an insurance and financial services company, has completed a \u00a340 million full-scheme buy-in transaction with a financial services […]<\/p>\n","protected":false},"author":1,"featured_media":5363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/5361"}],"collection":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/comments?post=5361"}],"version-history":[{"count":3,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/5361\/revisions"}],"predecessor-version":[{"id":5365,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/5361\/revisions\/5365"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/media\/5363"}],"wp:attachment":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/media?parent=5361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/categories?post=5361"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/tags?post=5361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}