£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