Royal National Mission lands £12m buy-in with L&G

Full charity scheme buy-in will progress towards buyout

James Phillips
clock • 2 min read
Royal National Mission lands £12m buy-in with L&G

The Royal National Mission to Deep Sea Fisherman Retirement Benefit Scheme has agreed a £12m buy-in with Legal & General (L&G) Assurance Society.

The deal completed in November 2021 and is the first bulk annuity transacted by the scheme. Around 90 members will see their benefits secured by the insurance policy, with the scheme now working...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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