Morrisons completes £762m buy-in with Rothesay

Transaction secures the benefits of more than 8,000 members

Martin Richmond
clock • 2 min read
Morrisons completes £762m buy-in with Rothesay

The 1967 Section of the Morrisons Retirement Saver Plan has completed a £762m buy-in with Rothesay.

The bulk purchase annuity transaction for the scheme, sponsored by Wm Morrisons Supermarkets, secures the benefits for 2,650 pensioners and dependents alongside 5,483 deferred members of the scheme...

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

More on Risk Reduction

Isio completes first PenUltimate Micro buy-in with Godolphin scheme

Isio completes first PenUltimate Micro buy-in with Godolphin scheme

Scheme secured buy-in within seven months of consultant’s appointment

Jonathan Stapleton
clock 11 March 2026 • 2 min read
Hymans Robertson launches run-on service for DB schemes

Hymans Robertson launches run-on service for DB schemes

Horizon helps test the economics of running on and to design and optimise strategies

Jonathan Stapleton
clock 10 March 2026 • 2 min read
Industrials sector scheme completes £105m full buy-in with Canada Life

Industrials sector scheme completes £105m full buy-in with Canada Life

Risk reduction transaction secures the benefits of over 1,800 pensioners and deferred members

Martin Richmond
clock 10 March 2026 • 1 min read
Trustpilot