SCA UK Pension Plan and L&G agree £1.1bn buy-in deal

Deal secures the benefits of 5,900 retirees and 3,600 deferred members

Holly Roach
clock • 2 min read
SCA UK Pension Plan and L&G agree £1.1bn buy-in deal

The SCA UK Pension Plan has completed a £1.1bn buy-in with Legal & General (L&G).

The deal with the scheme – sponsored by consumer goods business Essity Holding UK – secures the benefits of 5,900 retirees and 3,600 deferred members. The scheme and sponsor said L&G was selecte...

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