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

More on Risk Reduction

Trustees favour sponsor loans and secondary market sales for BPA transactions

Trustees favour sponsor loans and secondary market sales for BPA transactions

Standard Life says most are considering a sponsor loans to manage illiquid assets

Jasmine Urquhart
clock 01 April 2025 • 1 min read
BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

Aon risk settlement update shows growth particularly in sub-£100m segment

Holly Roach
clock 01 April 2025 • 1 min read
Englass Pension Scheme completes £12m buy-in with Just Group

Englass Pension Scheme completes £12m buy-in with Just Group

Transaction insures the benefits of all 100 members of the scheme

Jasmine Urquhart
clock 31 March 2025 • 1 min read
Trustpilot