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Deals: L&G Announces Buy In Deal With Boots Pension Scheme

12 August 2022 alastair walker 0

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c.£50 million full scheme buy-in with the Boots Supplementary Pension Plan (“the Plan”), covering the benefits of more than […]

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PIC Partner With Peel on Miller’s Quay Development

11 July 2022 alastair walker 0

Peel L&P and Pension Insurance Corporation plc (‘PIC’) are pleased to announce the commencement of construction of Miller’s Quay, the cornerstone investment in what will become the largest regeneration project in the UK, creating up […]

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Our Survey Said: We Don’t Want ESG Pension Schemes Thanks

29 June 2022 alastair walker 0

OK, you’re sceptical about surveys and so are we at IE mag, but these findings are interesting because they reveal a certain level of distrust regarding `green’ pension investment. Especially when it’s compulsory. A survey […]

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Insurance claims

Fraudster Jailed for £1.3m Worth of Fake Claims

20 June 2022 alastair walker 0

A man from Surrey has been jailed for six years and nine months for more than 30 counts of fraud following two investigations run by the City of London Police’s Insurance Fraud Enforcement Department (IFED), […]

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35 Years In The Pensions Risk Transfer Sector For L&G

8 June 2022 alastair walker 0

Legal & General Retirement Institutional (“LGRI”), a global division of the Legal & General Group (“Legal & General”), is this week celebrating 35 years since its UK Pension Risk Transfer (“PRT”) business entered the market […]

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Life/Health/Critical illness

L&G Announces Buy-In With Newell Rubbermaid UK Scheme

11 March 2022 alastair walker 0

Legal & General Assurance Society Limited (“Legal & General”) today announces it agreed a £225 million buy-in in February with the Combined Newell and Record Section of the Newell Rubbermaid UK Pension Scheme (“the Scheme”). […]

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Deals: Aviva Completes Bulk Purchase on Church Workers Fund

7 March 2022 alastair walker 0

Aviva Life & Pensions UK Ltd today announces it has completed a £160m bulk purchase annuity buy-in transaction with the trustees of the Church Workers Pension Fund.  Aviva will insure the defined benefit pensioner liabilities […]

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Deals: L&G Agrees Buyout With Cornish Mutual

22 February 2022 alastair walker 0

Legal & General Assurance Society Limited (“Legal & General”) today announces that it agreed an c.£11 million buyout transaction in November 2021 with the Cornish Mutual Assurance Company Limited Staff Pension Scheme (“the Scheme”), securing […]

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