L&G completes £55m buy-in with Chartered Insurance Institute

Holly Roach
clock • 2 min read

Legal & General (L&G) has completed a £55m full scheme buy-in with the Chartered Insurance Institute (CII) Pension Scheme.

The bulk annuity transaction covers around 330 scheme members, including 150 current pensioners. The arrangement between L&G and the scheme - which closed to new members in 2001 - will secure th...

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