London Waste scheme completes £22m buy-in with Royal London

Bulk annuity transaction secures the benefits for around 200 members

Martin Richmond
clock • 2 min read
London Waste scheme completes £22m buy-in with Royal London

The London Waste Limited Pension Scheme has completed a £22m buy-in with Royal London.

The bulk purchase annuity (BPA) transaction for the scheme, sponsored by London Energy, secures the benefits for approximately 200 members of the scheme. Hymans Robertson acted as adviser to the...

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

Morrisons bags £270m buy-in deal with Aviva

Morrisons bags £270m buy-in deal with Aviva

Third deal with the supermarket chain and the insurer secures benefits of 32,000 deferred members

Holly Roach
clock 28 May 2025 • 2 min read
DB schemes can be an engine of UK growth for the future

DB schemes can be an engine of UK growth for the future

L&G’s Andrew Kail says it is time to stop thinking of DB pensions as a legacy of the past.

Andrew Kail
clock 27 May 2025 • 3 min read
CommScope Connectivity UK scheme completes £63m buy-in with Aviva

CommScope Connectivity UK scheme completes £63m buy-in with Aviva

Bulk annuity transaction secures the benefits for all 570 members of the scheme

Martin Richmond
clock 14 May 2025 • 2 min read
Trustpilot