Retreat York Pension Scheme agrees £30m buy-in deal with Royal London

Full scheme transaction secures benefits of 202 pensioners and 108 deferred members

Holly Roach
clock • 2 min read
Retreat York Pension Scheme agrees £30m buy-in deal with Royal London

The Retreat York Pension Scheme has completed a £30m full buy-in with Royal London, securing the benefits of 202 pensioners and 108 deferred members.

The transaction with the not-for-profit organisation Retreat York – completed in July – was a "market first" for Royal London, following its entry into the bulk purchase annuity (BPA) market earlie...

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

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
AQA Pension Scheme secures £120m buy-in with Rothesay

AQA Pension Scheme secures £120m buy-in with Rothesay

Transaction secures the benefits of 471 pensioner and dependents as well as 398 deferred members

Holly Roach
clock 12 May 2025 • 2 min read
Cancer Research UK scheme secures £280m buy-in with Standard Life

Cancer Research UK scheme secures £280m buy-in with Standard Life

BPA deal secures the benefits of 2,800 scheme members

Holly Roach
clock 08 May 2025 • 2 min read
Trustpilot