TUI agrees £370m buy-in deal with L&G

Second deal with the BAL section of the scheme means all member benefits are now insured

Holly Roach
clock • 3 min read
TUI agrees £370m buy-in deal with L&G

The TUI Group UK Pension Trust has secured a £370m buy-in deal with Legal & General (L&G).

The deal with the Britannia Airways Limited (BAL) section of the scheme – sponsored by travel and tourism firm Tui UK – was completed towards the end of 2024 and follows an initial transaction with...

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Holly Roach
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Holly Roach

Deputy Editor at Professional Pensions

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