Repsol Sinopec scheme completes £160m buy-in with Rothesay

Transaction secures benefits for 141 pensioners and 306 deferred members

Martin Richmond
clock • 2 min read
Repsol Sinopec scheme completes £160m buy-in with Rothesay

The Repsol Sinopec Pension and Life Scheme has completed a £160m full buy-in with Rothesay.

The bulk annuity transaction for the scheme, sponsored by oil and gas exploration and production company Repsol Sinopec Resources UK, has secured the benefits of nearly 450 scheme members, includin...

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Martin Richmond
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Martin Richmond

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