Cosworth Racing scheme secures £96m buy-in with L&G

Deal with Ford-sponsored scheme secures the benefits of 1,000 retirees

Holly Roach
clock • 2 min read
Cosworth Racing scheme secures £96m buy-in with L&G

The Cosworth Racing Limited Pension Fund has completed a £96m buy-in with Legal & General (L&G).

The transaction with the scheme – which is sponsored by Ford Motor Company – secures the benefits of 1,000 retirees. Pan Trustees was the corporate sole trustee on the deal, which follows a rece...

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

M&G 'on track' to launch with-profits bulk annuity in first quarter of 2026

M&G 'on track' to launch with-profits bulk annuity in first quarter of 2026

Firm reports £300m of BPA volumes over the quarter, compared to £200m in H1

Jonathan Stapleton
clock 05 November 2025 • 2 min read
A.G. Barr secures £41m buy-in deal with Canada Life

A.G. Barr secures £41m buy-in deal with Canada Life

Third and final buy-in secures the benefits of the remaining 300 scheme members

Holly Roach
clock 04 November 2025 • 2 min read
Seabourne Holdings secures full buy-in with Just Group

Seabourne Holdings secures full buy-in with Just Group

Trustee of the Seabourne Pension Scheme secures the deal with support from TPT

Holly Roach
clock 03 November 2025 • 1 min read
Trustpilot