Fortune 500 scheme agrees £150m full scheme buy-in

Bulk annuity with unnamed insurer is expected to convert to buyout soon

James Phillips
clock • 2 min read
Hymans Robertson head of risk transfer solutions James Mullins
Image:

Hymans Robertson head of risk transfer solutions James Mullins

An unnamed Fortune 500 company pension scheme has completed a £150m full scheme buy-in for 400 pensioner and deferred members.

The deal concluded on 23 November and is expected to convert to buyout in the short-term. Neither the company nor the insurer were named, but the deal's advisers included Hymans Robertson as lea...

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

A bird in the hand: The additional factors for trustees to consider around endgame planning

A bird in the hand: The additional factors for trustees to consider around endgame planning

Claire Altman says we need to ensure schemes have the information to make the best choice

Claire Altman
clock 28 November 2025 • 3 min read
BBC Pension Scheme completes £6bn longevity swap

BBC Pension Scheme completes £6bn longevity swap

Transaction with Zurich and MetLife is second step in scheme’s phased longevity hedging programme

Holly Roach
clock 20 November 2025 • 2 min read
Dolce pension scheme completes £9.3m buy-in with Just Group

Dolce pension scheme completes £9.3m buy-in with Just Group

Risk reduction transaction secures the benefits of 510 scheme members

Martin Richmond
clock 19 November 2025 • 2 min read
Trustpilot