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Legal & General : agrees £900 million buy-in with the ICI Pension Fund

Legal & General : agrees £900 million buy-in with the ICI Pension Fund
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City ofUnited kingdomClive wellsteedHeath mottramAndrew kailAssurance society limited legalPension fundGroup plcLegal generalTrustee of the fundAllen overyPension fund theFinancial conduct authorityLane clark peacockAssurance society limitedPensions secretariat services

Legal and General agrees buyin with ICI Pension Fund

Legal and General agrees buyin with ICI Pension Fund

Clive wellsteedHeath mottramAndrew kailLegal generalTrustee of the fundPensions secretariat servicesPension fundAllen overyPension fund theAssurance society limited legalLane clark peacockGeneral assurance society limitedGeneral retirement institutionalChief executivePensions secretariat services limitedLane clark

Industry reacts to WPC report on DB schemes

The pension industry has welcomed the Work and Pensions Committee’s (WPC) report on defined benefit (DB) schemes, published today (26 March).

Janice turnerSteve webbHymans robertsonLeonard bowmanHarus raiClark peacockPension trusteesDepartment for workAssociation of memberPension protection fundPensions regulatorProfessional pension trusteesMember nominated trusteesDb funding codeHarus raiSteve webb

Finance Bill LTA provisions leading to patch and mend job ahead of new tax year

Finance Bill lifetime allowance (LTA) provisions are a “rushed job” that will lead to “challenging” timescales for administrators and a “patch and mend job” through regulations ahead of the new tax year, industry figures say.

David everettAnish ravCapita pension solutionsFinance billRoyal assentPension solutionsLifetime allowanceLane clark peacockAnish ravCapita pensions solutions

Buyouts: Is a capacity crunch already here?

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service

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