Isio has led a £53 million full scheme buy-in transaction for Rockwool Limited Pension Scheme.
Isio worked with IGG, the scheme’s sole trustee as well as legal adviser Eversheds, and Royal London. Isio provided brokering, actuarial, administration, and investment advice to complete the deal.
IGG professional trustee Amanda Asante says: “This transaction demonstrates what can be achieved through effective collaboration. It’s reassuring to see a secure outcome delivered for our members, thanks to the combined efforts of Isio, Rockwool Ltd, Royal London, and Eversheds. The dedication from all parties ensured a smooth and efficient outcome for the scheme.”
Isio senior manager Laura Parker says: “We are proud to have supported the Trustee with this transaction. This buy-in reflects the power of teamwork and expertise. Securing the best possible outcome for members is always our primary goal. Working closely with Royal London and Eversheds enabled us to deliver exactly that.”
Royal London BPA origination lead Beatrice Male says: “We’re delighted to be entrusted with taking excellent care of the Trustee’s members for many years into the future. The expertise from Isio and the close collaboration from all parties involved ensured a seamless process. This buy-in demonstrates the power of partnering with a mutual brand with a long-term focus, the outcome being a smooth execution and member-focused results.”
