L&G agrees £75m buy-in with Triplex Lloyd scheme

Second deal for two-section scheme sees all members’ benefits now insured

James Phillips
clock • 2 min read
L&G agrees £75m buy-in with Triplex Lloyd scheme

The pensioner-heavy transaction completed in the second half of 2021 and relates to members in the Doncasters Section of the scheme, following a previous £175m buyout for the Triplex section of the...

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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Church Workers Pension Fund secures £145m buy-in with Aviva

Church Workers Pension Fund secures £145m buy-in with Aviva

Third and final buy-in means all pensions within the Church Workers Pension Fund are now insured

Holly Roach
clock 10 October 2024 • 2 min read
Market dynamic shift leads to higher insurer participation in buy-in processes

Market dynamic shift leads to higher insurer participation in buy-in processes

LCP report reveals full buy-in pricing currently sits at its ‘best level in years’

Holly Roach
clock 09 October 2024 • 2 min read
The importance of 'right first time' customer service in the BPA marketplace

The importance of 'right first time' customer service in the BPA marketplace

Andy Rose talks about managing the pensions of policyholders in the bulk annuity market

Andy Rose
clock 09 October 2024 • 6 min read
Trustpilot