National Grid completes £800m buy-in with Rothesay; Homestyle and Aviva agree £103m buyout

James Phillips
clock • 3 min read
Two deals take market volumes to £21.6bn
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Two deals take market volumes to £21.6bn

The National Grid UK Pension Scheme has completed an £800m buy-in with Rothesay, its second bulk annuity transaction with the insurer.

The policy covers members of Section A of the scheme and, along with a £2.8bn buy-in last year, means more than 800,000 pensions are currently secured with Rothesay. A monitoring process had bee...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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