All our latest news and press releases.


<p>Filter newsroom</p>

34 Results

Travers Smith acts for the Scottish & Newcastle Pension Plan on £2.4b longevity hedge with Friends Life Limited

Travers Smith Pensions Risk Management partner Peter Hughes and Finance assistant Vanessa Battaglia have advised the Scottish & Newcastle Pension Plan on a longevity transaction with Friends Life Limited, now part of the Aviva Group, to insure the longevity risk in respect of £2.4bn of the Plan's defined benefit pension liabilities. The deal, announced by Heineken today, provides funding security and protection against the financial risk of pensioners living longer than originally expected.

Back To Top