Bulk annuities update: ICI strikes £900m deal with L&G
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
Source: pensions-expert.com
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News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
Legal and General agrees buyin with ICI Pension Fund
The British Steel Pension Scheme (BSPS) has completed a £2.7bn buy-in deal with Legal & General (L&G), to fully secure the remaining 40% of the scheme’s liabilities.
Legal and General have announced a multi billion pound buy in with British Still
This week’s movers include those at LCP, TPT Retirement Solutions, Scottish Widows, Sackers and Aon.