Standard Life plc (LSE:SDLF) acquired Block of Annuity Business of Abbey Life Assurance Company Limited Staff Pension Scheme from Abbey Life Assurance Company Limited Staff Pension Scheme for £200 million on May 20, 2026.

Standard Life plc (LSE:SDLF) completed the acquisition of Block of Annuity Business of Abbey Life Assurance Company Limited Staff Pension Scheme from Abbey Life Assurance Company Limited Staff Pension Scheme for £200 million on May 20, 2026.

Aon acted as financial advisor to the Trustee and Linklaters acted as a legal advisor to Trustee.