L&G agrees £75m buy-in with Triplex Lloyd scheme

Second deal for two-section scheme sees all members’ benefits now insured

James Phillips
clock • 2 min read
L&G agrees £75m buy-in with Triplex Lloyd scheme

The pensioner-heavy transaction completed in the second half of 2021 and relates to members in the Doncasters Section of the scheme, following a previous £175m buyout for the Triplex section of the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

View profile
More from James Phillips

Just completes £260m deferred-heavy buy-in

Slow and boring? How wrong I was about pensions

More on Risk Reduction

Industry group launches bulk annuity sustainability collaboration
Risk Reduction

Industry group launches bulk annuity sustainability collaboration

Insurers, advisers and schemes launch initiative to streamline BPA survey processes

Jonathan Stapleton
Jonathan Stapleton
clock 06 February 2025 • 4 min read
Five schemes secure buy-in deals with Just Group
Risk Reduction

Five schemes secure buy-in deals with Just Group

The transactions were completed last year and range in value from £2m to £17m

Holly Roach
Holly Roach
clock 06 February 2025 • 2 min read
Utmost Life and Pensions partners with Mantle for support on BPA market entry
Risk Reduction

Utmost Life and Pensions partners with Mantle for support on BPA market entry

Partnership will see Mantle provide ‘end-to-end’ support throughout the risk transfer process

Martin Richmond
Martin Richmond
clock 05 February 2025 • 2 min read
Trustpilot