Image:
Mitchells & Butlers runs a number of pub and restaurant chains, including Toby Carvery. Photo: Mitchells & Butlers
Legal and General (L&G) Assured Society has secured the benefits of all members in the Mitchells & Butlers Executive Pension Plan in a buy-in for around £650m.
The full-scheme bulk annuity deal builds on an existing relationship between L&G Investment Management and the pub and restaurant operator's defined contribution assets. Trustee chairman Jonatha...
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, 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
