The Stahl UK Limited Retirement Benefits Scheme has completed an £8.4m buy-in with Rothesay.

The transaction, which covered 61 scheme members, reflected the insurer's increased capacity to support both smaller schemes and larger mandates.

In the process, Quantum Advisory acted as lead adviser, Pinsent Masons LLP provided legal advice, and NKN provided covenant advice.

Commenting on the news, Trustee Solutions independent trustee, Tristan Mander, said: “The transaction was completed efficiently and gives us confidence that members’ benefits are now secured for the long-term.”

Rothesay business development, Simon Bramwell, added: “We are pleased to have supported the Stahl UK Limited Retirement Benefits Scheme to secure the future for its members, delivering on Rothesay’s purpose of protecting pensions for the long-term.

“Smaller schemes are increasingly well-prepared when entering the market, and this transaction demonstrates how strong collaboration between all parties can deliver a smooth and efficient outcome for their trustees and members.”

Discussing the approach, Quantum Advisory partner, Robert Palmer, said: “By keeping the process focused and collaborative, we were able to help Stahl achieve a speedy transaction with a clear and efficient outcome.

“This deal really highlights the importance of preparation and clear engagement with the market to ensure schemes of all sizes can access high-quality risk transfer solutions.”

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