Remove thomas-cook-completes-900-million-pension-buy-in
article thumbnail

Thomas Cook completes £900 million pension buy-in

Employee Benefits

Travel business Thomas Cook has completed a £900 million bulk purchase annuity buy-in transaction for its UK pension scheme. Aviva insured the defined benefit (DB) pension liabilities for more than 12,500 scheme members following the liquidation of the business in 2019.

Pension 59