Deutsche Bank and L&G agree £1.1bn buy-in deal

Full buy-in secures the benefits of around 4,000 scheme members

Holly Roach
clock • 3 min read
Deutsche Bank and L&G agree £1.1bn buy-in deal

The Deutsche Bank Pension Scheme has secured a £1.1bn full buy-in with Legal & General (L&G).

The transaction – which secured the benefits of around 4,000 members – is the third buy-in the scheme has completed with L&G, after a £570m deal in 2021 and a £500m deal last year, bringing the sch...

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

Dolce pension scheme completes £9.3m buy-in with Just Group

Dolce pension scheme completes £9.3m buy-in with Just Group

Risk reduction transaction secures the benefits of 510 scheme members

Martin Richmond
clock 19 November 2025 • 2 min read
Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Transaction means benefits of all scheme members are now insured

Holly Roach
clock 18 November 2025 • 2 min read
Brockhampton Pension Scheme secures £40m buy-in with Just Group

Brockhampton Pension Scheme secures £40m buy-in with Just Group

Transaction secures the benefits of all remaining uninsured scheme members

Holly Roach
clock 18 November 2025 • 2 min read
Trustpilot