Anglo American completes £785m combined buy-in transaction with L&G

Deal covers three schemes and secures the benefits for 5,100 retirees and 2,500 deferred members

Holly Roach
clock • 3 min read
Anglo American completes £785m combined buy-in transaction with L&G

Anglo American has secured a combined buy-in transaction with Legal & General (L&G) covering three of its pension schemes.

The buy-ins – part of a combined transaction – cover the Tarmac UK Pension Scheme, the Tarmac ‘B' Pension Scheme and the Anglo UK Pension Scheme. The deal secures the benefits for over 5,100 ret...

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Holly Roach
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Holly Roach

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