Renold pension scheme enters medically underwritten buy-in

Stephanie Baxter
clock

Renold's defined benefit (DB) pension scheme has entered a buy-in to fully de-risk around 25% of its UK pensioner liabilities.

The international supplier of industrial chains announced the £25m medically underwritten buy-in on 29 April. The buy-in covers just 35 members with higher annual pension incomes who represent a...

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

ABB Plan secures £700m buy-in with Aviva

ABB Plan secures £700m buy-in with Aviva

Transaction secures the benefits of over 4,450 pensioner members and 2,900 deferred members.

Holly Roach
clock 20 August 2025 • 2 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 20 August 2025 • 1 min read
BPA market to remain 'very busy' with volumes expected to exceed £40bn in 2025

BPA market to remain 'very busy' with volumes expected to exceed £40bn in 2025

Aon says market remains buoyant with vast number of deals completed and strong insurer capacity

Holly Roach
clock 19 August 2025 • 1 min read
Trustpilot