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

More on Risk Reduction

South East Water Pension Scheme secures £120m buy-in deal with Just Group

South East Water Pension Scheme secures £120m buy-in deal with Just Group

Second transaction with the scheme means all member benefits are now insured

Holly Roach
clock 14 April 2025 • 2 min read
L&G secures £800m for smaller schemes through its tailored solution

L&G secures £800m for smaller schemes through its tailored solution

Most transactions with service were with clients of L&G’s asset management business

Jasmine Urquhart
clock 10 April 2025 • 1 min read
Large DB schemes 'dominate' risk transfer market

Large DB schemes 'dominate' risk transfer market

165 deals transacted in H2 2024 as small scheme market continues to grow

Jasmine Urquhart
clock 09 April 2025 • 1 min read
Trustpilot