Rothesay completes £240m buy-in for KLM
We are delighted to have completed a £240m buy-in for KLM UK Pension Scheme.
The Scheme is sponsored by KLM Royal Dutch Airlines, one of the world’s oldest operating airlines.
The transaction, completed in December 2025, protects the pensions of all of the remaining 1,852 Scheme members whose policies were yet to be insured, including 924 pensioners and their dependants as well as a further 928 deferred members.
Roisin O’Shea, Business Development at Rothesay, commented: “Rothesay is dedicated to protecting the pensions of nearly a million people and we are delighted to secure the future for members of the Scheme. Rothesay’s proven execution capabilities enabled a very quick process, with the transaction completed within two months of the Scheme approaching the market and signing just two weeks following exclusivity. As pension scheme demand to secure members’ benefits remains strong, Rothesay continues to be well-placed to respond to the significant pipeline of opportunities we are seeing.”