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...

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

Metallus UK Pension Scheme completes £40m buy-in with Royal London

Metallus UK Pension Scheme completes £40m buy-in with Royal London

Deal’s agreed buyout plan provides a clear pathway to the pension scheme's endgame

Jonathan Stapleton
clock 14 October 2026 • 1 min read
Updated: The biggest buy-ins and buyouts since 2007

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
clock 13 October 2026 • 1 min read
UBS Group Pension Plan agrees £1.7bn buy-in with L&G

UBS Group Pension Plan agrees £1.7bn buy-in with L&G

Deal secures the benefits of 7,000+ members and is largest UK PRT deal so far in 2026

Holly Roach
clock 13 October 2026 • 3 min read
Trustpilot