Arcadia pensions secured in £850m deal with Aviva

By George MacDonald2023-02-10T10:11:00

Members of bust fashion giant Arcadia Group pension schemes have had their benefits secured following a deal between trustees and insurance and pensions giant Aviva.

A buy-in with Aviva has safeguarded the benefits for 8,800 members of the Arcadia Group and Arcadia Group senior executive schemes, bringing an initial premium payment of £850m.

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