Benefits for around 1,000 members are expected to move to buyout by 2024
This virtual event looks at issues trustees need to consider after conducting an insurance deal
Insurer says it will remain patient to ensure new business returns are appropriate
H Samuel and Ernest Jones owner plans to convert the policy to a buyout
Insurer and Railways Pension Scheme manager also set interim targets for nearer-term cuts
Gambling company scheme prepares to wind up as insurer takes on DB policies
Rothesay has completed a £6m follow-on buyout with an unnamed aviation scheme, insuring benefits of eight pensioners and 31 deferred members.
Rothesay has concluded a £120m buy-in with the West Ferry Printers Pension Scheme, covering all remaining pensioner and deferred liabilities.
The Metropolitan Tower Life Insurance Company (MetLife) has reinsured approximately $5bn (£3.6bn) of Rothesay pension liabilities.
Rothesay wrote £7bn of bulk annuity business over the course of last year, with 12 further schemes now benefitting from the insurer’s policies.