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Bulk annuities update: ICI strikes £900m deal with L&G

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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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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ICI Pension Fund completes £900m buy-in with L&G

ICI Pension Fund completes £900m buy-in with L&G
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British Steel Pension Scheme signs £2.7bn buy-in deal with L&G

The British Steel Pension Scheme (BSPS) has completed a £2.7bn buy-in deal with Legal & General (L&G), to fully secure the remaining 40% of the scheme’s liabilities. ....

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