IHG scheme buyout is a good deal for trustees and Rothesay

Taha Lokhandwala looks at the detail of InterContinental’s £440m buyout deal

clock

In the latest high-profile bulk annuity deal, Rothesay Life took on the InterContinental Hotels UK Pensions Plan in a £440m deal.

The buyout deal, which was transacted in just 19 working days, will see all members of the scheme transferred to Rothesay. The insurer will provide more secure benefits than InterContinental Group ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Baker Hughes schemes complete buy-in deals worth £900m with PIC

Baker Hughes schemes complete buy-in deals worth £900m with PIC

Three deals secure the benefits of 3,000 pensioners and dependants and nearly 4,000 deferred members

Holly Roach
clock 26 June 2025 • 2 min read
Just Group completes two full-scheme buy-ins

Just Group completes two full-scheme buy-ins

Deal insures the benefits of 675 pensioners as well as 256 deferred members

Jonathan Stapleton
clock 23 June 2025 • 1 min read
McGregor Construction secures £7m PPF+ buy-in with Just Group

McGregor Construction secures £7m PPF+ buy-in with Just Group

Transaction secures the benefits of 66 pensioners and eight deferred members

Holly Roach
clock 16 June 2025 • 3 min read
Trustpilot