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. The...

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