Exclusive: Rothesay Life completes £110m buyout with Laird scheme

James Phillips
clock
Guy Freeman: 2019 sees switch towards buyout transactions
Image:

Guy Freeman: 2019 sees switch towards buyout transactions

The Laird Pension Scheme has completed a £110m buyout with Rothesay Life, insuring benefits for 940 members.

The deal is Rothesay Life's first announced transaction of 2019, and covers 570 pensioner members and 370 deferred members. The scheme, which now expects to complete its wind-up in the first hal...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Investment

Industry Voice: Does your current pension scheme offer Value for Members?

Industry Voice: Does your current pension scheme offer Value for Members?

Evolve Pensions
clock 05 July 2022 • 4 min read
SIF 2022: One week left to register!

SIF 2022: One week left to register!

The Sustainable Investment Festival will take place next Monday and Tuesday

Professional Pensions
clock 04 July 2022 • 3 min read
Richard Butcher: Getting good stewardship to work consistently throughout the investment chain is really difficult

PLSA and IA steering group issues stewardship proposals

Set of recommendations aims to bolster relationship between managers and schemes

Jonathan Stapleton
clock 30 June 2022 • 3 min read
Trustpilot