Deal secures the benefits of around 200 retired and deferred scheme members
‘Build to rent’ scheme is largest ever in Leeds city centre and will provide 500 new homes
The firm saw its pension risk transfer business increase with ‘robust’ volumes during the year
L&G forecasts market demand could reach £200bn over the next few years
Master trust’s AUM increased by 67% over the last two years
NatWest acquires majority shareholding in Cushon, and Citrus completes £6.5m buy-in
The transaction was completed with the Amey Services section of the Citrus DB master trust
Former NatWest scheme CEO and CIO Robert Waugh joins the L&G Master Trust
The buy-in transaction secures benefits of 2,700 members
Tata Steel UK says it expects a further buy-in for remaining liabilities to transact this year