LSE Group scheme seals £335m buy-in with Standard Life

BPA agreement covers 1,740 members from both sections of the scheme

Holly Roach
clock • 3 min read
LSE Group scheme seals £335m buy-in with Standard Life

The London Stock Exchange (LSE) Group Pension Scheme has completed a £335m buy-in deal with Standard Life.

The bulk purchase annuity (BPA) deal - completed in May - secures the benefits of 1,740 members from both the LSE and LCH sections of the scheme. Aon acted as lead adviser on the transaction, Ev...

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

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

View profile
More from Holly Roach

Trustees urged to use powers for 'proper purpose'

DB transfer values drop to lowest month-end since 2018, XPS finds

More on Risk Reduction

Rockwool scheme completes £53m full buy-in with Royal London
Risk Reduction

Rockwool scheme completes £53m full buy-in with Royal London

Transaction fully secures the benefits for all of the scheme’s members

Martin Richmond
Martin Richmond
clock 24 January 2025 • 2 min read
Net-zero goals must not be forgotten during endgame journeys, Hymans warns
Risk Reduction

Net-zero goals must not be forgotten during endgame journeys, Hymans warns

Consultancy says net-zero goals should still be considered to maintain flexibility and choice

Jasmine Urquhart
Jasmine Urquhart
clock 23 January 2025 • 1 min read
Working with insurers – The past, present and future
Risk Reduction

Working with insurers – The past, present and future

Nikhil Patel and Andy Smith look at how market dynamics are changing

Nikhil Patel and Andy Smith
clock 17 January 2025 • 3 min read
Trustpilot