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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Low & Bonar Group scheme completes £50m buy-in with Just Group

Low & Bonar Group scheme completes £50m buy-in with Just Group

Buy-in which secures benefits of around 1,700 remaining uninsured members

Jasmine Urquhart
clock 14 February 2025 • 1 min read
Utmost Life and Pensions inks £18m buy-in

Utmost Life and Pensions inks £18m buy-in

Deal is second transaction for fledgling bulk purchase annuity insurer

Jonathan Stapleton
clock 14 February 2025 • 1 min read
Finning Pension Scheme completes £250m buy-in with Standard Life

Finning Pension Scheme completes £250m buy-in with Standard Life

Full scheme bulk purchase annuity insures the benefits of around 2,170 members

Jonathan Stapleton
clock 12 February 2025 • 2 min read
Trustpilot