
The Trustees of the Carr’s Group Pension Scheme, chaired by Rachel Tranter of BESTrustees, have completed a c.£44m buy-in transaction with Aviva to cover 216 pensioner and 56 deferred members of the Scheme. Mercer acted as lead transaction adviser using its streamlined broking process.
“I am delighted to have guided the trustees through the transaction process to achieve a successful outcome which further increases the security of our members’ benefits. This transaction was very much a collaborative teamworking effort involving the trustees, the Company (Carr’s Group plc), the insurer and our professional advisers all carrying out important roles throughout the process.”
Rachel Tranter, BESTrustees, Chair of Trustees“Congratulations to the trustees for securing such a positive outcome for their members. Close collaboration among all the parties helped smooth the way to a successful transaction.”
John Fothergill, Senior Deal Manager, Aviva
Latest Insights

BESTrustees’ client Molins UK scheme and Aviva in £249m buy-in deal
BESTRUSTEES’ client Molins UK Pension Fund has secured a £249m buy-in deal with Aviva. The bulk purchase annuity (BPA) transaction – completed in June – secures the benefits of over 3,500 members of the scheme, which is sponsored by Mpac Group. BESTrustees’ trustee chair Sanjay Gupta said: “We are pleased to have achieved this significant step that will provide greater security for members’ benefits. The collaborative and constructive approach between the trustee, Mpac Group and our advisers has helped to secure this very positive outcome.” Aviva BPA deal manager Paul Donnelly added: “We’re pleased to have supported the trustees of …
Continue reading “BESTrustees’ client Molins UK scheme and Aviva in £249m buy-in deal”

BESTrustees’ client Schroders RBS invests in climate-focussed private assets long-term asset fund
The defined contribution (DC) section of the Schroders Retirement Benefits Scheme (SRBS), chaired by BESTrustees professional trustee Lisa Mundy, has announced its investment in Schroders’ climate-focussed private assets long-term asset fund (LTAF), the Schroders Capital Climate+ LTAF.