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£640m buy-in secured for Smiths Group

We are pleased to announce that we have completed a £640m buy-in with the TI Group Pension Scheme (the “Scheme”). The Scheme is sponsored by Smiths Group plc, the London-headquartered FTSE 100 industrial technology group.

 This buy-in completes the Scheme’s de-risking journey following six previous pensioner buy-ins over the last 14 years, two of which are already insured with Rothesay.

Click here for the full press release