Signet Jewelers agrees £236m buy-in with Rothesay

H Samuel and Ernest Jones owner plans to convert the policy to a buyout

James Phillips
clock • 1 min read
Ernest Jones is one of Signet Jewelers' brands
Image:

Ernest Jones is one of Signet Jewelers' brands

The Signet Group Pension Scheme has concluded a £236m full scheme buy-in with Rothesay, insuring benefits for nearly 2,000 members.

The scheme is sponsored by Signet Jewelers - the owner of H Samuel and Ernest Jones - and includes 825 deferred and 1,084 pensioner members. The bulk annuity deal was agreed in July after a ten-...

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

Manufacturing sector scheme secures £11m buy-in deal with Just Group

Manufacturing sector scheme secures £11m buy-in deal with Just Group

Transaction secures the benefits of 87 members of the scheme

Holly Roach
clock 03 September 2026 • 1 min read
Samworth Brothers scheme secures £400m buy-in with Canada Life

Samworth Brothers scheme secures £400m buy-in with Canada Life

Transaction secures the benefits of over 7,000 scheme members

Holly Roach
clock 02 September 2026 • 3 min read
Clara agrees second small schemes superfund deal with £40m pension fund

Clara agrees second small schemes superfund deal with £40m pension fund

Transaction will see more than 400 members join the Clara Pension Trust

Jonathan Stapleton
clock 02 September 2026 • 2 min read
Trustpilot