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...

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