UBS Group Pension Plan agrees £1.7bn buy-in with L&G

Deal secures the benefits of 7,000+ members and is largest UK PRT deal so far in 2026

Holly Roach
clock • 3 min read
L&G's Gareth Mee: The deal demonstrates the strength of our proposition in an increasingly sophisticated market
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L&G's Gareth Mee: The deal demonstrates the strength of our proposition in an increasingly sophisticated market

The UBS (UK) Group Pension Plan has completed a £1.7bn buy-in with L&G.

The transaction secures the benefits of over 7,000 members and is the largest announced UK pension risk transfer (PRT) deal of 2026 to date. The deal included novation of the plan's existing lon...

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