Rothesay Life insures the pensions of over 800,000 people, and manages circa £55bn in assets. Its sophisticated, integrated approach enables Rothesay Life to minimise risk and improve accuracy at every stage of the policyholder’s lifetime. It has the highest standards for customer service in the industry. And Rothesay Life’s prudent underwriting, cautious investment strategy, and high solvency ratio are all evidence of its commitment to ensuring security for every policyholder, trustee and investor. Rothesay Life pays over £2.5bn of pensions each year and, in 2019, it completed the largest pension fund buy-out to date, with telent, worth £4.7bn, as well as a £3.8bn buy-out with Asda Group Pension Scheme and a £2.8bn buy-in with National Grid. Rothesay Life was established in 2007 and now has three institutional shareholders - GIC, Blackstone and Mass Mutual.
16 April 2020 11:45
University Digital Roundtable: Navigating the Road to Buyout
As pension funds map out their ‘end game’, many are working out how to fully transfer their liabilities to an insurer. Sammy Cooper-Smith from Rothesay Life will discuss the following areas and take Q&A on any topics related to risk settlement.
Does the quality of your data matter?
What makes an Insurer take one process more seriously than another?
Are there times where you can secure better pricing than others?
Are some benefits more expensive than others to insure?
Should you use new advisers to help run your process?
Please join us for what should be a fascinating discussion.
This session is accredited for CPD points by the Pensions Management Institute (PMI) and is exclusively for pension fund decision makers and their advisors.
Sammy is head of the Rothesay Life business development team. Sammy started his career at Prudential before leaving to join the buy-out start up Paternoster which was acquired by Rothesay Life in 2011. At Rothesay Life’s Sammy has played a lead role in transactions with the pension funds of National Grid, telent, Asda and Allied Domecq amongst others as well as the reinsurance of the Prudential, Zurich Assurance and Scottish Equitable annuity portfolios.