L&G agrees £400m deal with own scheme

James Phillips
clock • 2 min read

The Legal & General (L&G) Group UK Senior Pension Scheme has agreed an assured payment policy (APP) deal with its insurer sponsor.

Completed in December, the deal sees L&G take some of the risks associated with liabilities for around 200 deferred and 385 pensioner members. The transaction will see L&G provide insurance for ...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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