Legal & General intends to extend the longevity swap market to cover smaller schemes, after completing a £1bn deal with the Pilkington Superannuation Scheme.
The insurer's first foray into the marketplace was announced yesterday (PP Online, 9 January) and head of business development for bulk purchase annuities Tom Ground (pictured) said it could signal...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
