L&G agrees £49m buy-in with Triumph International fund

Deal covers all 350 members of the sportswear and lingerie brand’s scheme

James Phillips
clock • 2 min read
L&G agrees £49m buy-in with Triumph International fund

The Triumph International Pension Scheme has agreed a full scheme buy-in with Legal & General (L&G) for around 350 members.

The £49m bulk annuity transaction is pensioner-heavy, insuring benefits for 210 retired members and 140 deferred members. The process was aided by a price lock mechanism upon exclusivity with L&...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Black Arrow Group scheme secures £7m buy-in with PIC

Black Arrow Group scheme secures £7m buy-in with PIC

Transaction secures the benefits of the 61 scheme members not previously insured

Jonathan Stapleton
clock 19 February 2026 • 2 min read
Section of Sopra Steria scheme completes £113m full buy-in with PIC

Section of Sopra Steria scheme completes £113m full buy-in with PIC

BPA transaction secures the benefits of all the 355 scheme members

Martin Richmond
clock 18 February 2026 • 2 min read
IBM I.T Solutions scheme completes £700m buy-in with Standard Life

IBM I.T Solutions scheme completes £700m buy-in with Standard Life

BPA transaction secures the benefits of more than 3,600 pensioners and deferred members

Martin Richmond
clock 18 February 2026 • 2 min read
Trustpilot