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 ...

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Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

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