Contship Containerlines scheme completes £25m buy-in with L&G

Transaction fully insures the benefits for around 150 members of the scheme

Martin Richmond
clock • 2 min read
Contship Containerlines scheme completes £25m buy-in with L&G

The Contship Containerlines Limited 1979 Pension Scheme has completed a £25m full buy-in with Legal & General (L&G).

The bulk annuity transaction for the scheme was completed earlier this month and has fully secured the benefits for approximately 150 members of the scheme. L&G was selected following an insurance ...

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