Selecta enters £250m buy-in deal with L&G

Existing LGIM client agrees deal for 2,000 pensioner and deferred members

James Phillips
clock • 2 min read
Scheme trustee and Independent Trustee Services director Dinesh Visevadia
Image:

Scheme trustee and Independent Trustee Services director Dinesh Visevadia

The Selecta UK Pension Plan has agreed a £250m buy-in with Legal & General (L&G) Assurance Society.

The 2,000-member deal completed in August and splits equally between pensioners and deferred members based on member count. The scheme was an existing client of Legal & General Investment Manage...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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