This virtual event looks at issues trustees need to consider after conducting an insurance deal
Insurer says it will remain patient to ensure new business returns are appropriate
H Samuel and Ernest Jones owner plans to convert the policy to a buyout
Insurer and Railways Pension Scheme manager also set interim targets for nearer-term cuts
Gambling company scheme prepares to wind up as insurer takes on DB policies
Rothesay has completed a £6m follow-on buyout with an unnamed aviation scheme, insuring benefits of eight pensioners and 31 deferred members.
Rothesay has concluded a £120m buy-in with the West Ferry Printers Pension Scheme, covering all remaining pensioner and deferred liabilities.
The Metropolitan Tower Life Insurance Company (MetLife) has reinsured approximately $5bn (£3.6bn) of Rothesay pension liabilities.
Rothesay wrote £7bn of bulk annuity business over the course of last year, with 12 further schemes now benefitting from the insurer’s policies.
The Aberdeen City Council Transport Fund has agreed a £230m buy-in with Rothesay in the insurer’s first deal with a Local Government Pension Scheme (LGPS) fund.