Allied Domecq agrees £3.8bn buy-in with Rothesay Life to take 2019 deals past £30bn

James Phillips
clock • 3 min read

The Allied Domecq Pension Fund has insured £3.8bn of members’ benefits with Rothesay Life, in the market’s largest deal to cover both pensioner and deferred members.

The transaction, announced today (27 September), comes hot on the heels of a record-breaking £4.7bn buyout by the same insurer of the GEC 1972 Plan, confirmed just yesterday. The Allied Domecq d...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Webinar: Assessing the benefits of run-on – Register now

Webinar: Assessing the benefits of run-on – Register now

How run-on can work in practice and the key considerations for trustees and sponsors

Professional Pensions
clock 27 March 2025 • 1 min read
Rothesay publishes full-year trading update revealing £15.7bn of business in 2024

Rothesay publishes full-year trading update revealing £15.7bn of business in 2024

Deals include a £9.6bn NatWest transaction and the firm’s Scottish Widows acquisition

Jonathan Stapleton
clock 27 March 2025 • 2 min read
Blumont Annuity launches operations to provide bulk annuity solutions in the UK

Blumont Annuity launches operations to provide bulk annuity solutions in the UK

Brookfield Wealth Solutions subsidiary looks to tap into £500bn of market demand

Jonathan Stapleton
clock 25 March 2025 • 1 min read
Trustpilot