InterContinental Hotels agrees £440m all-risk buyout with Rothesay

clock •

InterContinental Hotels Group (IHG) has agreed a £440m all-risk buyout for its UK pension plan with Rothesay Life, securing improved benefits for members owing to suitable market conditions.

The £440m deal will see the approximate 3,000 members of the InterContinental Hotels UK Pensions Plan (IHUKPP) - 1,100 pensioners and 1,800 deferred members - transfer from the group to the insurer...

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

Metallus UK Pension Scheme completes £40m buy-in with Royal London

Metallus UK Pension Scheme completes £40m buy-in with Royal London

Deal’s agreed buyout plan provides a clear pathway to the pension scheme's endgame

Jonathan Stapleton
clock 14 October 2026 • 1 min read
Updated: The biggest buy-ins and buyouts since 2007

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
clock 13 October 2026 • 1 min read
UBS Group Pension Plan agrees £1.7bn buy-in with L&G

UBS Group Pension Plan agrees £1.7bn buy-in with L&G

Deal secures the benefits of 7,000+ members and is largest UK PRT deal so far in 2026

Holly Roach
clock 13 October 2026 • 3 min read
Trustpilot