Nationwide Pension Fund’s £172 Million Buy-In With Canada

In UK Sackers, advised on the matter.

Sackers advised Nationwide Pension Fund with a team including Ian Cormican (Picture – Insurance).

Nationwide Pension Fund has completed a £172m buy-in with Canada Life for pensioner members in its Cheshire and Derbyshire section.

The Nationwide Pension Fund is a Defined Benefit arrangement.

Partner Ian Cormican (Picture) led the Sackers team on the transaction.

Involved fees earner: Ian Cormican – Sackers;

Law Firms: Sackers;

Clients: Nationwide Pension Fund;

Author: Giulia Di Palma