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

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Northern Bank Pension Scheme completes £286m buy-in with M&G

Northern Bank Pension Scheme completes £286m buy-in with M&G

Transaction fully secures the benefits for 1,917 scheme members

Martin Richmond
clock 25 September 2023 • 2 min read
Cable and Wireless fund and L&G sign £340m buy-in

Cable and Wireless fund and L&G sign £340m buy-in

Deal secures the benefits of around 1,800 retirees and deferred scheme members

Holly Roach
clock 21 September 2023 • 2 min read
Risk transfer volumes expected to continue increasing into H2

Buy-in and buyout volumes hit £21.3bn in first six months of year

Hymans Robertson says H1 was the busiest ever for the risk transfer market

Jasmine Urquhart
clock 20 September 2023 • 2 min read
Trustpilot