Deutsche Bank and L&G agree £1.1bn buy-in deal

Full buy-in secures the benefits of around 4,000 scheme members

Holly Roach
clock • 3 min read
Deutsche Bank and L&G agree £1.1bn buy-in deal

The Deutsche Bank Pension Scheme has secured a £1.1bn full buy-in with Legal & General (L&G).

The transaction – which secured the benefits of around 4,000 members – is the third buy-in the scheme has completed with L&G, after a £570m deal in 2021 and a £500m deal last year, bringing the sch...

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