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Northern Gas Networks agrees £385m buy-in with L&G; Risk transfer market busy despite Covid and set to top £60bn in 2021

Northern Gas Networks agrees £385m buy-in with L&G; Risk transfer market busy despite Covid and set to top £60bn in 2021 Mercers Andrew Ward: We predict 2021 will be the busiest year on record for risk transfer deals The Northern Gas Networks Pension Scheme has agreed a £385m pensioner buy-in with Legal & General (L&G). The deal covers the benefits of more than 600 retirees of the gas distributor, which serves homes and businesses across the North East, Yorkshire and Cumbria. It is the schem...
United Kingdom Andrew Ward Rachel Cutts Gavin Markham Barnett Waddingham Catherine Edmondson

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