Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Transaction secures the benefits of 161 retirees and 238 deferred members

Holly Roach
clock • 2 min read
Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

The Walkers Shortbread Limited Retirement Benefits Scheme has secured a £34m buy-in deal with Legal & General (L&G).

The transaction secures the benefits of 161 retirees and 238 deferred members of the scheme – which is sponsored by Scottish shortbread and cake manufacturer Walker's Shortbread. On the transact...

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

Industry mostly confident in scheme protocols for cyberattack response

Industry placing increased importance on sustainability in decision making, SPP finds

More on Risk Reduction

ELG Metals UK scheme completes £28m buy-in with Just
Risk Reduction

ELG Metals UK scheme completes £28m buy-in with Just

Transaction secures the benefits of 99 deferred members and 81 pensioners

Martin Richmond
Martin Richmond
clock 24 April 2025 • 2 min read
Strategic run-on market set for influx of new entrants this year, EY report says
Risk Reduction

Strategic run-on market set for influx of new entrants this year, EY report says

Attractiveness of strategic run-on to grow as concept gains traction

Jasmine Urquhart
Jasmine Urquhart
clock 17 April 2025 • 3 min read
The real question trustees should be asking – why?
Risk Reduction

The real question trustees should be asking – why?

Antony Miller asks why innovation in DB consolidation is moving at such a snail’s pace

Antony Miller
clock 16 April 2025 • 3 min read
Trustpilot