News and Views

£10m buy-out for Unomedical

by Neil McPherson, Managing Director

Acting as sole trustee Capital Cranfield has recently completed a £10m buy-out of the Unomedical scheme with Aviva.

Hugh Creasy who led our sole trustee team said: “This is the best long-term solution for the members of the Unomedical Pension Plan, so I am very pleased that Aon’s Pathway has enabled us to secure a transaction with Aviva, meeting our needs in a busy bulk annuity market – and at this most difficult of times.”

The transaction received widespread press coverage including Pensions Age and Professional Pensions.