The Boots Pension Scheme has completed a £4.8bn buy-in with Legal & General (L&G), which has secured the benefits of all 53,000 retirees and deferred members of the scheme.
London-based Nicholas Fox brings more than 25 years’ experience as a patent litigator to the firm, with expertise in electronics, telecommunications and softwar
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The rate of change in the defined contribution (DC) pension industry since the launch of auto-enrolment in 2012 has been remarkable, if not a little hard to keep up with. The assets of DC pension schemes have increased by around 150% and look to double again to over £1trn by the end of the decade.