TT Group scheme agrees £400m buy-in with L&G

The transaction with L&G covers the benefits of around 5,000 retirees

Martin Richmond
clock • 3 min read
TT Group scheme agrees £400m buy-in with L&G

The TT Group (1993) Pension Scheme has agreed a £400m buy-in with Legal & General (L&G).

The bulk purchase annuity, for the scheme of electronics company TT Electronics, covers the benefits of approximately 5,000 retirees and deferred members. Mercer acted as an adviser to both the ...

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