Xylem agrees £255m buy-in with Rothesay Life

James Phillips
clock • 2 min read

The Xylem UK Pension Plan has confirmed a £255m buy-in transaction with Rothesay Life in the insurer’s first deal of 2020.

The defined benefit (DB) scheme of the global water technology provider agreed the bulk annuity deal in January this year, with the policy set to transition to a buyout in due course. The full b...

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

Financial services sector pension scheme secures £40m buy-in with Canada Life

Financial services sector pension scheme secures £40m buy-in with Canada Life

Transaction secures the benefits of around 80 pensioners and 60 deferred members

Holly Roach
clock 02 April 2026 • 1 min read
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
Trustpilot