Kesslers Group Pension Plan agrees £21m buy-in with L&G

The deal secures the benefits of around 240 deferred and pensioner members

Holly Roach
clock • 2 min read
Kesslers Group Pension Plan agrees £21m buy-in with L&G

Kesslers Group Pension Plan has agreed a £21m full scheme buy-in with Legal & General (L&G), securing the benefits of around 240 employees.

The deal covers both deferred and pensioner members and was signed in June as the trustees enabled "fast and efficient pricing and a smooth process". The trustees were advised by Broadstone, whi...

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

More on Risk Reduction

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

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
clock 05 February 2025 • 2 min read
Aon publishes letter on UK BPA market

Aon publishes letter on UK BPA market

Letter champions innovation, member experience, transparency and planning

Jasmine Urquhart
clock 03 February 2025 • 1 min read
Lufthansa agrees £120m buy-in with Royal London

Lufthansa agrees £120m buy-in with Royal London

Transaction spans across the company’s three DB schemes

Holly Roach
clock 03 February 2025 • 1 min read
Trustpilot