
Rothesay has agreed a £390m bulk annuity transaction covering the benefits of nearly 1,000 scheme members in the AvestaPolarit Pension Scheme.
Sponsored by Finnish stainless steel producer Outokumpu Stainless, the scheme agreed the buy-in this month ahead of a potential buyout in 2023/24. The liabilities of 436 pensioners and 500 defer...
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