Rothesay secures £120m buy-in with AQA Education
We are delighted to have completed a £120m buy-in with The AQA Pension Scheme, securing the benefits of all 869 Scheme members, which comprises 471 pensioners and dependants as well as 398 deferred members.
The Scheme is sponsored by AQA Education, an independent non-profit charity and examination board providing GCSEs, A-levels and vocational qualifications with a focus on assessment and curriculum development.
Katie Overton, Business Development at Rothesay, commented: “Rothesay is purpose-built to protect pensions and we are delighted to secure the future for all of the Scheme’s members through this buy-in. In a busy and competitive pension risk transfer market, the Scheme was well-prepared which enabled us to transact efficiently, providing long-term security for its members.”