IHG scheme buyout is a good deal for trustees and Rothesay

Taha Lokhandwala looks at the detail of InterContinental’s £440m buyout deal

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In the latest high-profile bulk annuity deal, Rothesay Life took on the InterContinental Hotels UK Pensions Plan in a £440m deal.

The buyout deal, which was transacted in just 19 working days, will see all members of the scheme transferred to Rothesay. The insurer will provide more secure benefits than InterContinental Group ...

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Taha Lokhandwala

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