The Labour party's proposed inclusive ownership proposals could cost UK workplace pension funds £25bn, according to an analysis by international law firm Clifford Chance.
The Howden Group Pension Plan has completed a full pensioner buy-in with Legal & General (L&G), insuring benefits for around 2,000 members.
The British Airways sponsored Airways Pension Scheme (APS) has completed a £4.4bn pensioner bulk annuity buy-in with Legal & General.