Life/Health/Critical illness

L&G Buy-In Deal Agreed With Gordonstoun Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £6.6 million full-scheme buy-in with Gordonstoun School (Gordonstoun Schools Limited) Retirement Benefits Scheme (“the Scheme”) in March 2022, securing […]

Insurance Brokers

FCA Update on British Steel/Tata Pension Mis-Selling

Latest from the FCA; a definite win for the pensioners after a long battle, although why such poor advice was given out after the Tata exit, in a supposedly highly regulated market, is baffling. These […]

Life/Health/Critical illness

SCOR Announces Lloyds Bank Pension Scheme Deal

The latest from SCOR; the transaction covers liabilities of over 17,000 members of the Lloyds Bank No. 1 Pension Scheme. With this landmark transaction, SCOR continues to successfully deliver on its longevity growth strategy as […]

Life/Health/Critical illness

L&G Buy into Triumph International Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £49 million full-scheme buy-in transaction with the Triumph International Pension Scheme (“the Scheme”), covering around 140 deferred and 210 […]

Insurance Regulation

FCA Aims To Reform Funding of FSCS Scheme

The FCA has recently published a Discussion Paper aimed at maintaining a compensation framework that provides appropriate protection for consumers, funded in a fair and sustainable way. The Financial Services Compensation Scheme (FSCS) provides compensation […]

Life/Health/Critical illness

Is Property a Better Bet Than Private Pensions? Probably

Legal & General has confirmed what most homeowners already know, your house is far more valuable than almost any private pension scheme’s one-off payment. Pensions that a normal wage-earning person can afford, not deluxe public […]

News

L&G Announces £30m Pensions Buy-In Deal

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £30 million full scheme buy-in transaction with the John Townsend Trust Pension and Assurance Scheme (“the Scheme”), covering the […]