The Brandsby Agricultural Trading Association (BATA) has agreed a £13m buyout with Legal & General (L&G), securing benefits for all 120 members of the BATA Superannuation Pension Scheme.
The scheme was an existing L&G customer, having previously partnered with L&G Investment Management's (LGIM's) fiduciary management team. The trustees were advised on the transaction by Mercer a...
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