Londis agrees full scheme buy-in with L&G

Benefits for fewer than 60 members of the Tesco subsidiary scheme to head to buyout

James Phillips
clock • 1 min read

The Londis Pension Scheme has concluded a full scheme buy-in to buyout deal with Legal & General (L&G) Assurance Society.

The £8m scheme agreed the buy-in deal in March and has now commenced wind-up operations before the buyout is completed. The contract includes benefits for fewer than 60 members, Londis said. Lea...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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