Countrywide Farmers scheme completes £100m PPF+ buy-in with L&G

James Phillips
clock • 2 min read

The Countrywide Farmers Retirement Benefits has secured a £100m buy-in with Legal & General, insuring members’ benefits above Pension Protection Fund (PPF) compensation levels.

The scheme had entered PPF assessment in March 2018 after the insolvency of Countrywide Farmers, but had enough assets to provide PPF+ benefits and left assessment in November last year. The dea...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Aviation industry scheme lands £3.8m full buy-in with Just Group

Aviation industry scheme lands £3.8m full buy-in with Just Group

Bulk annuity transaction secures the benefits for all of the scheme’s members

Martin Richmond
clock 05 September 2025 • 2 min read
TPR tranche 18 analysis shows majority of schemes now in surplus

TPR tranche 18 analysis shows majority of schemes now in surplus

Two-thirds in surplus on technical provisions basis as funding ratio reaches 104%

Jasmine Urquhart
clock 05 September 2025 • 2 min read
M&G to launch with-profits bulk annuity in 2026

M&G to launch with-profits bulk annuity in 2026

Insurer says the new product will provide it with ‘key competitive advantage’ in market

Jonathan Stapleton. Additional reporting by Patrick Brusnahan
clock 03 September 2025 • 2 min read
Trustpilot