Littlewoods scheme completes £930m buy-in with Rothesay Life
The Littlewoods Pensions Scheme has completed a buy-in covering just under £930m of around 6,500 members’ benefits with Rothesay Life, the majority of which relate to deferred members.
The bulk annuity deal is the scheme's second, following an £880m insurance transaction with Scottish Widows in 2018. The latest deal was completed last month, with the majority of the process running...
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