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

Exploring opportunities for small schemes

Exploring opportunities for small schemes

Professional Pensions talks to Iain Church about market capacity for smaller transactions

Jasmine Urquhart
clock 17 July 2025 • 5 min read
How have new entrants to the bulk annuity market impacted transaction processes?

How have new entrants to the bulk annuity market impacted transaction processes?

Dave Hale assesses the pros and cons of working with a new BPA market entrant

David Hale
clock 17 July 2025 • 4 min read
Honda Group UK Pension Scheme completes £800m buy-in with L&G

Honda Group UK Pension Scheme completes £800m buy-in with L&G

Deal secures benefits of 1,700 retirees and 3,000 deferred members

Jasmine Urquhart
clock 14 July 2025 • 3 min read
Trustpilot