Maersk agrees £1.1bn buy-in with L&G

James Phillips
clock • 2 min read

The Maersk Retirement Benefit Scheme has agreed a £1.1bn buy-in with Legal & General (L&G) Assurance Society, protecting benefits for around 4,900 members.

The full scheme buy-in follows a number of de-risking steps over the past few years for the scheme, including implementing full hedges against interest rate and inflation exposures. Benefits for...

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

Comet Pension Scheme completes £330m buy-in with Canada Life

Comet Pension Scheme completes £330m buy-in with Canada Life

Transaction secures the benefits of 4,500 pension scheme members

Holly Roach
clock 10 December 2025 • 2 min read
£1.2bn Stagecoach scheme to transfer to Aberdeen in innovative run-on deal

£1.2bn Stagecoach scheme to transfer to Aberdeen in innovative run-on deal

Deal will see Aberdeen receiving a minority share of any surplus generated

Holly Roach
clock 04 December 2025 • 5 min read
Steamship pension scheme secures £55m buy-in with Royal London

Steamship pension scheme secures £55m buy-in with Royal London

Deal is the first in the UK between a mutual BPA provider and the scheme of another mutual insurance company

Holly Roach
clock 02 December 2025 • 2 min read
Trustpilot