AIB secures £1.1bn de-risking deal targeting full buy-in

clock • 2 min read

Allied Irish Bank (AIB) has secured an £850m buy-in for its UK pension scheme with Legal & General (L&G).

The Irish bank has worked with Legal & General to de-risk its UK pension scheme using a new investment risk insurance service. The bank has also agreed a further £250m de-risking deal with the i...

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