Inchcape Motors scheme completes £505m buy-in with L&G

The deal secures the benefits of 2,295 retirees and 5,890 deferred scheme members

Holly Roach
clock • 2 min read
Inchcape Motors scheme completes £505m buy-in with L&G

The Inchcape Motors Pension Scheme has completed a £505m buy-in deal with Legal & General (L&G).

The transaction secures the benefits of 2,295 retirees and 5,890 deferred members of the scheme – which is sponsored by British automotive distribution, retail, and services firm, Inchcape. L&G'...

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

Holly Roach
Author spotlight

Holly Roach

Deputy Editor at Professional Pensions

View profile
More from Holly Roach

Managing surplus becoming 'increasingly important' strategic priority

Virgin Media legislation 'pivotal' but trustees must use skilled judgement

More on Risk Reduction

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in
Risk Reduction

Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in

Transaction covers 36,000 members and follows a full buy-in last August

Holly Roach
Holly Roach
clock 15 July 2026 • 2 min read
Combat Stress scheme completes £4m buy-in with Just Group
Risk Reduction

Combat Stress scheme completes £4m buy-in with Just Group

Transaction secures the benefits of 22 deferred members and 17 pensioners

Martin Richmond
Martin Richmond
clock 15 July 2026 • 2 min read
UK PRT volumes for 2026 expected to be between £35bn and £40bn
Risk Reduction

UK PRT volumes for 2026 expected to be between £35bn and £40bn

Standard Life says H2 volumes could be driven by larger schemes approaching the market

Martin Richmond
Martin Richmond
clock 14 July 2026 • 3 min read
Trustpilot