£110m bulk annuity deal with Laird Limited
Rothesay Life plc is pleased to announce that it insured the defined benefit liabilities for the Laird Pension Scheme.
Transaction highlights:
- The transaction secures the benefits of around 940 members of the Laird Pension Scheme including approximately 570 pensioner members and 370 deferred members
- The Trustees anticipate that the Scheme will start to wind-up in the first half of 2019
For the full press release click here