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

Baker Hughes schemes complete buy-in deals worth £900m with PIC

Baker Hughes schemes complete buy-in deals worth £900m with PIC

Three deals secure the benefits of 3,000 pensioners and dependants and nearly 4,000 deferred members

Holly Roach
clock 26 June 2025 • 2 min read
Just Group completes two full-scheme buy-ins

Just Group completes two full-scheme buy-ins

Deal insures the benefits of 675 pensioners as well as 256 deferred members

Jonathan Stapleton
clock 23 June 2025 • 1 min read
McGregor Construction secures £7m PPF+ buy-in with Just Group

McGregor Construction secures £7m PPF+ buy-in with Just Group

Transaction secures the benefits of 66 pensioners and eight deferred members

Holly Roach
clock 16 June 2025 • 3 min read
Trustpilot