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

Welcome Break Pension Plan agrees £23m buy-in with Just Group

Welcome Break Pension Plan agrees £23m buy-in with Just Group

The transaction secures the benefits of all 348 scheme members

Holly Roach
clock 12 September 2025 • 2 min read
Utmost looks to client proposition following BPA progress this year

Utmost looks to client proposition following BPA progress this year

Insurer ‘proud’ of momentum in the year since its launch into bulk annuity market

Jonathan Stapleton
clock 10 September 2025 • 1 min read
Pension Insurance Corporation posts half year results

Pension Insurance Corporation posts half year results

Insurer completes deals worth £1.1bn with eight schemes in first six months of year

Jonathan Stapleton
clock 09 September 2025 • 1 min read
Trustpilot