Mechanical and electrical scheme powers £2m full buy-in with Legal & General

Bulk annuity transaction secures benefits of 16 pensioners and three deferred members

Martin Richmond
clock • 2 min read
Mechanical and electrical scheme powers £2m full buy-in with Legal & General

An unnamed pension scheme has completed a full £2m buy-in with Legal & General (L&G).

The bulk annuity transaction for the scheme, which is sponsored by an unnamed company within the mechanical and electrical industry, was completed in July and has fully secured the benefits of 16 p...

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Martin Richmond
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