Cobham Pension Plan completes £530m buy-in

The bulk purchase annuity transaction secured the benefits of around 3,000 members

Holly Roach
clock • 1 min read
Cobham Pension Plan completes £530m buy-in

The Cobham Pension Plan has completed a £530m buy-in with Standard Life, securing the benefits of around 3,000 members.

The bulk purchase annuity transaction - completed in August - combined with a £280m buy-in with Rothesay Life in 2013 secures the benefits of all of the plan's members. The deal brings the year-...

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

Schroders scheme commits to running-on to use DB surplus for DC contributions

Schroders scheme commits to running-on to use DB surplus for DC contributions

Scheme will use around 10% of SRBS surplus per annum to help fund DC section

Jonathan Stapleton
clock 30 January 2025 • 3 min read
Colthrop Board Mill scheme secures £23m buy-in with Aviva

Colthrop Board Mill scheme secures £23m buy-in with Aviva

Deal secures the benefits of 69 deferred members and 152 pensioners

Holly Roach
clock 30 January 2025 • 2 min read
Sanofi scheme completes £1.4bn buy-in with Legal & General

Sanofi scheme completes £1.4bn buy-in with Legal & General

Transaction secures the benefits for more than 10,000 retirees and deferred members

Martin Richmond
clock 28 January 2025 • 3 min read
Trustpilot