Co-operative Bank fund seals £1.2bn buy-in with Rothesay

The buy-in will protect the benefits of more than 9,000 members of the scheme

Jasmine Urquhart
clock • 1 min read
Co-operative Bank fund seals £1.2bn buy-in with Rothesay

The bank section of the Co-operative Pension Scheme has completed a £1.2bn full scheme buy-in with Rothesay.

The scheme - whose bank section is sponsored by The Co-operative Bank - said the deal secures the benefits of all uninsured members of the section of more than 9,000 members. It said the pension...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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