Thales UK Pension Scheme secures £2.7bn buy-in with Rothesay

Deal secures benefits for 10,512 pensioners and dependants and 5,915 deferred members

Holly Roach
clock • 3 min read
Thales UK Pension Scheme secures £2.7bn buy-in with Rothesay

The Thales UK Pension Scheme has completed a £2.7bn full scheme buy-in with Rothesay, securing the benefits of all its members.

The deal - facilitated by an upfront cash commitment from Thales - secures the benefits of more than 16,000 members including 10,512 pensioners and dependants and 5,915 deferred members. As part...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Fuller's scheme completes full buy-in with Legal & General

Fuller's scheme completes full buy-in with Legal & General

Pub and hotel group said move demonstrates its financial strength and reduces liabilities

Jonathan Stapleton
clock 13 March 2025 • 1 min read
PP Endgame Summit: Two weeks to go!

PP Endgame Summit: Two weeks to go!

The summit will take place on Wednesday 26 March in London

Professional Pensions
clock 12 March 2025 • 1 min read
Unnamed scheme secures £361m full buy-in with Canada Life

Unnamed scheme secures £361m full buy-in with Canada Life

Transaction secures the benefits of over 850 deferred members and 650 pensioners

Holly Roach
clock 10 March 2025 • 2 min read
Trustpilot