Schindler Group agrees £50m pensioner buy-in

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The Schindler Group scheme has agreed a £50m buy-in with Legal & General (L&G) to cover the liabilities relating to its current pensioner members.

The trustees were advised by JLT Employee Benefits (JLT EB) using its fixed-fee service for smaller schemes. The scheme was already a long-standing client of L&G Investment Management (LGIM). JL...

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