Leeds Building Society scheme completes £66m buy-in with Royal London

Bulk purchase annuity transaction secures the benefits for 590 members

Martin Richmond
clock • 2 min read
Leeds Building Society scheme completes £66m buy-in with Royal London

The Leeds Building Society Staff Pension Scheme has completed a £66m buy-in with Royal London.

The bulk purchase annuity (BPA) transaction for the scheme was completed in March and secures the benefits for 590 members. It is the first BPA transaction Royal London has completed with a scheme ...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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