L&G completes £10m APP with existing client

The deal is with the Flour Milling and Baking Research Association scheme

Holly Roach
clock • 1 min read
L&G completes £10m APP with existing client

The Flour Milling and Baking Research Association Pension and Assurance Scheme has completed a £10m assured payment policy (APP) with Legal & General (L&G).

This is the first de-risking transaction of this kind L&G has done with a smaller pension scheme for a premium of less than £100m, and marks its sixth APP transaction to date. The Flour Milling ...

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Holly Roach
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Holly Roach

News editor at Professional Pensions

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