The Ridgeon Group Pension and Life Assurance Scheme has insured the full benefits of 530 members in a £50m buyout deal with Legal & General (L&G).
The transaction completed in March and covered mostly deferred members, who comprised 300 of the building material merchant's scheme cohort. The buyout was also supported by an additional cash i...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
