Carter & Parker scheme completes £9m buy-in with Canada Life

James Phillips
clock • 2 min read

The Carter & Parker Limited Staff Retirement Benefits Plan (1975) has agreed a £9.3m bulk annuity deal with Canada Life.

The buy-in covers 68 pensioner members of Bradford-based Thomas B Ramsden and Co, which has been running for over 120 years. The transaction was aided by advice from K3 Advisory, and it is the f...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

M&G completes £100m 'BPA-plus' transaction for Miller Insurance

M&G completes £100m 'BPA-plus' transaction for Miller Insurance

Proposition provides potential upside for members from discretionary bonus payments

Jonathan Stapleton
clock 24 July 2026 • 2 min read
ReAssure Staff Pension Scheme completes £260m buy-in with Standard Life

ReAssure Staff Pension Scheme completes £260m buy-in with Standard Life

Deal follows Phoenix Group’s acquisition of ReAssure in 2020

Jonathan Stapleton
clock 23 July 2026 • 2 min read
HSBC Bank-sponsored scheme completes £10m buy-in with Royal London

HSBC Bank-sponsored scheme completes £10m buy-in with Royal London

BPA transaction completed with support of sponsor to secure members’ benefits over the long-term

Martin Richmond
clock 22 July 2026 • 2 min read
Trustpilot