Specialist pension insurer Rothesay has launched a new bespoke insurance solutions for DB schemes with assets of between £10m and £100m.
The launch comes as demand for de-risking solutions from smaller schemes continues to grow as improved funding levels enables more schemes to secure members’ benefits through insurance options.
This new Rothesay Radius solution offers trustees and advisers with a direct route to securing a guaranteed quote without exclusivity requirements, supported by simplified processes and a specialist team focused on smaller transactions.
Rothesay has traditionally been associated with some of the larger transactions in the derisking market. However, it has broadened its offering in recent years, which has included a recent partnership with Nest to develop an innovative deferred annuity solution for DC savers.
According to Rothesay, the sub-£100m de-risking market has expanded rapidly in recent years. Annual deal volumes have risen from £2.8bn in 2021 to £7.2bn in 2025, while schemes with assets below £100m now account for 80 per cent of the UK DB market by number, up from 72 per cent over the same period.
Rothesay said it has completed 12 transactions for schemes under £100m over the past 18 months, with a combined value of £260m. The new proposition takes its name from the insurer’s first sub-£100m transaction, for the Radius Systems Pension Scheme in 2010.
The insurer said it has redesigned key processes and developed dedicated systems to support a higher volume of smaller transactions. This includes a standardised data and benefit template, simplified contractual terms designed to reduce costs, a transparent price-lock mechanism, the ability to transact on a GMP-equalised basis and a dedicated contact throughout the buy-in process.
Rothesay business development Simon Bramwell says: “Rothesay continuously invests in our technology and capabilities to drive innovation in the market, delivering security for our policyholders and execution certainty for trustees.
“The launch of Rothesay Radius further supports this mission, protecting smaller pension schemes and their members through a dedicated offering while supporting our growth in a rapidly evolving and exciting part of the bulk purchase annuity market.”
