Tate & Lyle secures £930m buy-in with L&G

James Phillips
clock • 2 min read

The Tate & Lyle Pension Scheme has completed a £930m full buy-in with Legal & General (L&G), insuring benefits for around 4,800 members.

The bulk annuity transaction is in addition to the food and beverage manufacturer's £350m buy-in in 2012, and together the deals cover the entitlements of 6,700 members. The deal was completed i...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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