Covid-19 vaccine manufacturer’s scheme insures 2,900 pensioner members
Insurer takes on risk for 45 employees of builders merchant
Existing LGIM client agrees deal for 2,000 pensioner and deferred members
The fund integrates Paris-aligned reductions in carbon emissions with UN sustainability principles
Provider and insurer also saw a 30% growth in AUM within its DC business
The houses will be delivered by an L&G-founded retirement homes provider
No two DB pension schemes in the UK are the same
It is the insurer’s third APP transaction and the largest APP transaction to date
L&G insures the benefits of around 1,200 members after working with the scheme for 12 years
Deferred members comprised the majority of the insured 530-person cohort