Exclusive: Post Office completes £450m buy-in with Rothesay Life

James Phillips
clock • 4 min read

Post Office has agreed a £450m bulk annuity for its section of the Royal Mail Pension Plan, insuring all 5,700 members with Rothesay Life.

The deal, transacted in Q3 last year, largely covers deferred members and includes all benefits accrued since 2012, when pre-privatisation benefits were taken over by the government. The scheme ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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