Tullett Prebon scheme enters £270m bulk annuity

Stephanie Baxter
clock • 2 min read

The trustees of the Tullett Prebon Pension Scheme have agreed to insure all liabilities through a bulk annuity with Rothesay Life.

The deal - which covers all £270m liabilities across both pensioners and deferred members - includes the option to convert to a full buyout further down the line. The sponsoring employer, Tullet...

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

Rothesay publishes full-year trading update revealing £5.2bn of business in 2025

Rothesay publishes full-year trading update revealing £5.2bn of business in 2025

Deal volumes fall back from 2024 level but insurer says demand remains strong

Jonathan Stapleton
clock 27 March 2026 • 2 min read
Record level of buy-in transactions in PRT market in 2025, LCP finds

Record level of buy-in transactions in PRT market in 2025, LCP finds

Consultancy’s analysis shows more than 200 buy-ins were completed in H2 2025

Martin Richmond
clock 27 March 2026 • 3 min read
Athora Group completes PIC acquisition and sets out plans to relocate HQ to the UK

Athora Group completes PIC acquisition and sets out plans to relocate HQ to the UK

PIC will continue to operate under its current brand as it continues to grow

Jonathan Stapleton
clock 27 March 2026 • 2 min read
Trustpilot