Telent Company Pension Plan

The scheme originated in 1972 under GEC sponsorship before Telent assumed the role. It operated as a UK defined benefit pension plan. Assets reached...

Telent Company Pension Plan

The scheme originated in 1972 under GEC sponsorship before Telent assumed the role. It operated as a UK defined benefit pension plan. Assets reached approximately $5.9 billion at the time of the transaction. The buy-out transferred all liabilities to Rothesay Life. No additional offices or named investment staff appear in available records. The 2019 transaction marked the end of active management. No distinct sourcing model or governance structure beyond standard pension administration is documented.

General information

Firm type

Pension Fund

Year founded

1972

Location

Region

Europe

Country

United Kingdom

City

Stafford

Corporate office

Stafford, United Kingdom

What was the scale of the Telent Company Pension Plan at buy-out?

Assets and liabilities totaled £4.7 billion, covering 39,000 members (Altss research record).

When did the scheme complete its insurance transaction?

The buy-out with Rothesay Life was agreed in September 2019 and completed by the end of 2022 (Altss research record).

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