Reckitt Benckiser completes £415m buy-in with Scottish Widows

James Phillips
clock • 2 min read
Reckitt Benckiser completes £415m buy-in with Scottish Widows

The Reckitt Benckiser Pension Fund has secured a £415m buy-in with Scottish Widows, insuring the benefits of around half of pensioners.

The transaction was announced today (10 November), but completed on 25 March, shortly after the beginning of the first UK Covid-19 lockdown and amid the economic turmoil the pandemic was inducing. ...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on US

People Moves: Prudential appoints two NEDs

People Moves: Prudential appoints two NEDs

Arijit Basu and Claudia Suessmuth-Dyckerhoff join the board as non-executive directors

Professional Pensions
clock 10 August 2022 • 1 min read
Unisys pension schemes select Cardano for FM

Unisys pension schemes select Cardano for FM

The firm was selected earlier this year following a competitive tendering process

Holly Roach
clock 09 August 2022 • 1 min read
David Saunders

Sackers announces seven promotions for 2022

Law firm makes moves across partner, associate director and senior associate roles

Hope William-Smith
clock 02 August 2022 • 1 min read
Trustpilot