Anglo American completes £785m combined buy-in transaction with L&G

Deal covers three schemes and secures the benefits for 5,100 retirees and 2,500 deferred members

Holly Roach
clock • 3 min read
Anglo American completes £785m combined buy-in transaction with L&G

Anglo American has secured a combined buy-in transaction with Legal & General (L&G) covering three of its pension schemes.

The buy-ins – part of a combined transaction – cover the Tarmac UK Pension Scheme, the Tarmac ‘B' Pension Scheme and the Anglo UK Pension Scheme. The deal secures the benefits for over 5,100 ret...

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

Stonegate Pub Company schemes complete £62m of full buy-ins with Utmost

Stonegate Pub Company schemes complete £62m of full buy-ins with Utmost

Transactions fully secure the benefits for 650 members of the two schemes

Martin Richmond
clock 11 November 2025 • 2 min read
Transport Friendly Society scheme completes £3.3m full buy-in with Just Group

Transport Friendly Society scheme completes £3.3m full buy-in with Just Group

BPA transaction secures the benefits of 15 pensions and 15 deferred members

Martin Richmond
clock 10 November 2025 • 2 min read
 LCP forecasts up to £550bn of buy-ins over the next decade

LCP forecasts up to £550bn of buy-ins over the next decade

Report finds 45% of schemes estimated to be fully funded on buyout basis

Jasmine Urquhart
clock 06 November 2025 • 4 min read
Trustpilot