Rexam Pension Plan completes £1.4bn buy-in with Rothesay

Bulk purchase annuity transaction secures the benefits for over 14,000 members

Martin Richmond
clock • 2 min read
Rexam Pension Plan completes £1.4bn buy-in with Rothesay

The Rexam Pension Plan has completed a £1.4bn buy-in with Rothesay to secure the benefits of over 14,000 members of the scheme.

The deal for the scheme, which is sponsored by sustainable aluminium packaging supplier Ball Corporation, fully secures the benefits for 9,790 pensioners and 4,330 deferred members. The transaction...

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