How the Philips UK Pension Fund executed its £2.4bn buyout

Jonathan Stapleton

Jonathan Stapleton

04 May 2016 • 1 min read

The Philips UK Pension Fund's £2.4bn buyout - concluded in November last year - was the largest of its kind ever completed in the UK market.

In this interview, Professional Pensions editor-in-chief Jonathan Stapleton talks to Philips Electronics UK pension manager Adrian Holmes and Pension Insurance Corporation actuary Mitul Magudia about the deal as well as the lessons learned.

Previous Article

Have your say: who is to blame for the BHS debacle?

Next Article

Schemes 'rolling the dice in desperation' by waiting for rate rise

Jonathan Stapleton

Author spotlight

Jonathan Stapleton

View profile

More from Jonathan Stapleton

The member experience implications of a buyout

An alternative to lifestyling in defined contribution

More on Risk Reduction

Working with insurers – The past, present and future

Risk Reduction

Working with insurers – The past, present and future

Nikhil Patel and Andy Smith look at how market dynamics are changing

Nikhil Patel and Andy Smith

17 January 2025 • 3 min read

Holophane scheme gets green light on £24m full buy-in deal with PIC

Risk Reduction

Holophane scheme gets green light on £24m full buy-in deal with PIC

Deal secures the benefits of 95 pensioners and dependents and 74 deferred members

Holly Roach

Holly Roach

15 January 2025 • 2 min read

Charities urged to prepare for DB funding regime

Risk Reduction

Charities urged to prepare for DB funding regime

DB schemes with valuations after 22 September 2024 should take control of funding and investment strategy

Jasmine Urquhart

Jasmine Urquhart

13 January 2025 • 1 min read