Legal & General Retirement Institutional

Legal & General (L&G) agreed over £7bn of buy-ins and buyouts with UK schemes over the course of 2020, it has confirmed.

The Countrywide Farmers Retirement Benefits has secured a £100m buy-in with Legal & General, insuring members’ benefits above Pension Protection Fund (PPF) compensation levels.

The money used to insure pension liabilities can help met the government’s agenda to ‘build, build, build’, says Johnny Chow