Trans-European Port Services agrees £4.4m buy-in

Buy-in set to secure the benefits of six pension scheme members

Martin Richmond
clock • 1 min read
Trans-European Port Services is headquartered in Hull.
Image:

Trans-European Port Services is headquartered in Hull.

Trans-European Port Services Limited (TEPS) has secured £4.4m buy-in with Legal & General (L&G).

TEPS, a subsidiary of John Good & Sons Limited, has business lines in haulage, warehousing and container storages. The £4.4m deal struck with L&G is expected to secure the benefits for the six memb...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

M&G completes £100m 'BPA-plus' transaction for Miller Insurance

M&G completes £100m 'BPA-plus' transaction for Miller Insurance

Proposition provides potential upside for members from discretionary bonus payments

Jonathan Stapleton
clock 24 July 2026 • 2 min read
ReAssure Staff Pension Scheme completes £260m buy-in with Standard Life

ReAssure Staff Pension Scheme completes £260m buy-in with Standard Life

Deal follows Phoenix Group’s acquisition of ReAssure in 2020

Jonathan Stapleton
clock 23 July 2026 • 2 min read
HSBC Bank-sponsored scheme completes £10m buy-in with Royal London

HSBC Bank-sponsored scheme completes £10m buy-in with Royal London

BPA transaction completed with support of sponsor to secure members’ benefits over the long-term

Martin Richmond
clock 22 July 2026 • 2 min read
Trustpilot