Pandrol scheme completes £45m buy-in with Royal London

Risk reduction transaction secures the benefits of around 200 scheme members

Martin Richmond
clock • 2 min read
Pandrol scheme completes £45m buy-in with Royal London

The Pandrol Group Pension Scheme has completed a £45m buy-in with Royal London.

The bulk purchase annuity (BPA) transaction for the scheme, sponsored by railway infrastructure and technology company Pandrol, has secured the benefits of around 200 members. Royal London said ...

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

Section of Sopra Steria scheme completes £113m full buy-in with PIC

Section of Sopra Steria scheme completes £113m full buy-in with PIC

BPA transaction secures the benefits of all the 355 scheme members

Martin Richmond
clock 18 February 2026 • 2 min read
IBM I.T Solutions scheme completes £700m buy-in with Standard Life

IBM I.T Solutions scheme completes £700m buy-in with Standard Life

BPA transaction secures the benefits of more than 3,600 pensioners and deferred members

Martin Richmond
clock 18 February 2026 • 2 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 18 February 2026 • 1 min read
Trustpilot