Ferno UK pension scheme secures £4m buy-in with L&G

Deal secures benefits of around 100 members and means all members are insured

Jasmine Urquhart
clock • 2 min read
Ferno UK pension scheme  secures £4m buy-in with L&G

The Ferno (UK) Limited Retirement and Death Benefits Scheme has secured a £4m buy-in with Legal & General (L&G).

The deal, agreed this month, secures the benefits of around 100 scheme members. Barnett Waddingham provided actuarial, administration, investment and risk transfer advice, while Arc Pensions Law...

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

DB surpluses up £48bn in year to September

DB surpluses up £48bn in year to September

XPS Group says £222bn aggregate surplus maintained, up £2bn last month

Jasmine Urquhart
clock 07 October 2025 • 1 min read
FTSE100 scheme surplus exceeds £55bn

FTSE100 scheme surplus exceeds £55bn

LCP analysis of IAS19 surplus measures 120% aggregate funding level

Jasmine Urquhart
clock 02 October 2025 • 1 min read
Ensuring risk transfer decisions can be made with confidence

Ensuring risk transfer decisions can be made with confidence

Isio’s Karen Gainsford outlines the stages for schemes considering a risk transfer transaction amid ‘attractive’ landscape

Professional Pensions
clock 01 October 2025 • 4 min read
Trustpilot