Wood Pension Plan secures £1.65bn buy-in with L&G

Transaction secures the benefits of 16,400 scheme members

Holly Roach
clock • 2 min read
Wood Pension Plan secures £1.65bn buy-in with L&G

The Wood Pension Plan has completed a £1.65bn buy-in deal with L&G.

The transaction secures the benefits of all 16,400 members of the scheme that is sponsored by engineering consulting firm, Wood Group. Member experience was a "central factor" in the trustee's i...

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