PMI scheme completes full buyout with L&G

L&G takes on responsibility for payment and administration of benefits, with PMI scheme to wind up

Holly Roach
clock • 2 min read
PMI scheme completes full buyout with L&G

The Pensions Management Institute (PMI) Retirement and Death Benefits Scheme has completed a full buyout with Legal & General (L&G).

The PMI scheme entered into an insurance policy in March 2024, fully securing the benefits of members, then began a buy-in and data cleanse process to ensure a smooth transition of benefits to L&G....

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