Tioxide fund completes £430m buy-in with L&G

The buy-in transaction secures benefits of 2,700 members

Jasmine Urquhart
clock • 1 min read
Tioxide fund secures benefits of 2,700 members through buy-in with L&G
Image:

Tioxide fund secures benefits of 2,700 members through buy-in with L&G

The Tioxide Pension Fund has completed a £430m buy-in with Legal & General (L&G), securing the benefits of 2,700 members.

The scheme, sponsored by the global chemical company Venator Group, is an existing client of L&G, with Legal & General Investment Management having managed a proportion of the scheme's assets since...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Risk Reduction

Blumont Annuity launches operations to provide bulk annuity solutions in the UK

Blumont Annuity launches operations to provide bulk annuity solutions in the UK

Brookfield Wealth Solutions subsidiary looks to tap into £500bn of market demand

Jonathan Stapleton
clock 25 March 2025 • 1 min read
What's next for the BPA market in 2025?

What's next for the BPA market in 2025?

Craig Turnbull and Rosie Fantom look at regulatory shifts and longevity trends

Craig Turnbull and Rosie Fantom
clock 24 March 2025 • 6 min read
Record number of buy-in transactions completed in 2024

Record number of buy-in transactions completed in 2024

Hymans analysis shows total PRT volumes in 2024 expected to amount to £47.6bn

Martin Richmond
clock 21 March 2025 • 2 min read
Trustpilot