Marie Curie completes £30m buy-in with L&G in first 2021 deal

James Phillips
clock • 2 min read

The Marie Curie defined benefit (DB) scheme has entered into a circa £30m full scheme buy-in agreement with Legal & General (L&G) Assurance Society.

The bulk annuity deal completed earlier this month, covering the benefits of over 300 retirees and deferred members of the charity pension scheme, and is the first announced deal of any insurer 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

LGPS surplus grows to £147bn on low-risk basis

LGPS surplus grows to £147bn on low-risk basis

Isio’s Low-Risk Funding Index finds funding level increased to 147%

Jasmine Urquhart
clock 17 October 2025 • 1 min read
LCP says long-term run on could be valuable

LCP says long-term run on could be valuable

Analysis finds run-on could benefit schemes sponsors and members if risk managed well

Jasmine Urquhart
clock 15 October 2025 • 1 min read
Unnamed scheme secures £96m buy-in with M&G

Unnamed scheme secures £96m buy-in with M&G

Transaction secures the benefits of over 1,000 scheme members

Holly Roach
clock 15 October 2025 • 1 min read
Trustpilot