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

Competition drove BPA deals to £10.2bn in H1

Competition drove BPA deals to £10.2bn in H1

Strong pipeline of larger deals expected for H2 as insurers compete on non-price factors

Alex Levy
clock 30 September 2026 • 2 min read
UPDATED - Clara announces £135m superfund deal with Arco pension scheme

UPDATED - Clara announces £135m superfund deal with Arco pension scheme

Deal is Clara’s seventh with 2-3 more expected this year

Jonathan Stapleton
clock 29 September 2026 • 3 min read
Buy-in to buyout and member experience

Buy-in to buyout and member experience

What best-in-class transitions and member service looks like

Jonathan Stapleton
clock 24 September 2026 • 37 min read
Trustpilot