Newell Rubbermaid scheme secures £225m buy-in

Deal with L&G secures benefits for 800 retirees and 900 deferred scheme members

Hope William-Smith
clock • 1 min read
Lichfield, Staffordshire — headquarters for Newell Brands in the UK
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Lichfield, Staffordshire — headquarters for Newell Brands in the UK

Newell Rubbermaid UK Pension Scheme has secured benefits for a total 1,700 members in a £225m buy-in with Legal & General (L&G).  

The scheme - which oversees the pension assets of manufacturer and commercial products producer Newell Brands - has 900 deferred pension members and 800 retirees. Schroders Solutions - created l...

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Hope William-Smith
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Hope William-Smith

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