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

CMI data shows record low death rates in 2024

Government warned against 'hazardously ambitious' LGPS proposals

More on Risk Reduction

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
Holophane scheme gets green light on £24m full buy-in deal with PIC
Risk Reduction

Holophane scheme gets green light on £24m full buy-in deal with PIC

Deal secures the benefits of 95 pensioners and dependents and 74 deferred members

Holly Roach
Holly Roach
clock 15 January 2025 • 2 min read
Charities urged to prepare for DB funding regime
Risk Reduction

Charities urged to prepare for DB funding regime

DB schemes with valuations after 22 September 2024 should take control of funding and investment strategy

Jasmine Urquhart
Jasmine Urquhart
clock 13 January 2025 • 1 min read
Trustpilot