L&G agrees £8m buy-in with Atkinson Northern

Insurer takes on risk for 45 employees of builders merchant

James Phillips
clock • 1 min read
L&G agrees £8m buy-in with Atkinson Northern

The Atkinson Northern Limited Retirement Benefits Scheme has agreed an £8m buy-in with Legal & General (L&G) Assurance Society, alongside a payroll deal.

Under the insurance contract, L&G will take on the risk of 45 members of the builders merchant's scheme. The scheme has also agreed to transfer payroll obligations to L&G, beginning in October. ...

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