L&G

Benefits for fewer than 60 members of the Tesco subsidiary scheme to head to buyout

L&G insures the benefits of around 1,200 members after working with the scheme for 12 years

Trustee remuneration and statistics on DB transfers and contingent charging

Our monthly round-up of the most important articles PP published last month

Deferred members comprised the majority of the insured 530-person cohort

Bulk annuity deal covers pension benefits for 390 new retirees since a previous deal in April 2019

But the targets are supported when explained, with many considering divestment around climate change

Bulk annuity transaction insures more than 80 members and prepares scheme for buyout

Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.

Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.