Panasonic completes buyout of UK scheme

clock

Panasonic has completed a deal with Rothesay Life to buyout its UK scheme using a deferred premium structure.

The move to offload the Panasonic Systems Networks Company U.K. Limited Pension and Life Assurance Scheme came after the sponsor closed its UK operations two years ago. The 600-member scheme car...

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

Chartered Institute of Procurement and Supply Pension Scheme completes £11m buy-in

Chartered Institute of Procurement and Supply Pension Scheme completes £11m buy-in

Buy-in with Just Group secures the benefits of 83 members

Jenson Barrett
clock 09 July 2026 • 2 min read
STS Field Grant scheme secures £5m buy-in with Aviva

STS Field Grant scheme secures £5m buy-in with Aviva

Transaction secures the benefits of 14 deferred and 34 pensioner members

Holly Roach
clock 06 July 2026 • 2 min read
Oil and gas sector scheme secures £48m buy-in with Canada Life

Oil and gas sector scheme secures £48m buy-in with Canada Life

Transaction secures the benefits of 500 pensioner and deferred members

Holly Roach
clock 02 July 2026 • 1 min read
Trustpilot