as at 23 Oct 2026
Insurance Asset News
PRT & Longevity

Welsh National Opera pension scheme insures all 158 members in £11.1m Utmost buy-in

By IAN Editorial Desk
News date: 23 October 2026Published 26 October 2026·1 min read
Primary source: utmost.co.uk

The scheme was in surplus when the deal completed in September, after years of sponsor support.

The trustees of the Welsh National Opera Limited Pension Scheme completed an £11.1m buy-in with insurer Utmost on 15 September 2026. Utmost published details on 23 October, reproducing a press release from Isio, which acted as the scheme's lead adviser and transaction manager.

The buy-in secures benefits for all 158 members: 95 deferred members and 63 pensioners. According to the…

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