Retreat York Pension Scheme agrees £30m buy-in deal with Royal London

Full scheme transaction secures benefits of 202 pensioners and 108 deferred members

Holly Roach
clock • 2 min read
Retreat York Pension Scheme agrees £30m buy-in deal with Royal London

The Retreat York Pension Scheme has completed a £30m full buy-in with Royal London, securing the benefits of 202 pensioners and 108 deferred members.

The transaction with the not-for-profit organisation Retreat York – completed in July – was a "market first" for Royal London, following its entry into the bulk purchase annuity (BPA) market earlie...

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