Burges Salmon delighted to advise Aston Martin Lagonda Trustees on £180m full buy in

Burges Salmon are delighted to have advised the trustees of the Aston Martin Lagonda Scheme on its full scheme buy in. 

The £180 million bulk purchase annuity buy-in for the trustees of the scheme with Aviva secures the benefits of around 540 pensioners and 1,050 deferred members. The Scheme is sponsored by Aston Martin, the luxury high-performance car manufacturer. 

The Burges Salmon team comprised Clive Pugh, Jack Gillions and Callum Duckmanton.

The full scheme buy-in followed a tailored market approach which generated competitive terms and enabled all parties to move quickly to help the Scheme secure a transaction years ahead of expectations.

The deal was completed in July 2026. LCP acted as lead risk transfer and investment adviser to the Trustee, with Burges Salmon providing legal advice on the transaction.

Gallagher acted as Scheme Actuary and administrator to the Trustee. PWC and Sackers advised the employer.