Hitachi scheme agrees hybrid benefit buy-in with L&G

James Phillips
clock • 2 min read

The Hitachi Data Systems Retirement Benefits Plan has agreed a buy-in with Legal & General (L&G) Assurance Society, covering both defined benefit (DB) and defined contribution (DC) provision.

The bulk annuity insures benefits for the 120 pensioner and deferred members who were not included in two prior buy-ins in 2012 and 2013, also completed with L&G. The deal was completed in the f...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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