Legal & General

Firm says private markets fund has already received ‘considerable interest’ from clients

Transaction fully insures the benefits for around 150 members of the scheme

Move aims to increase store of future profit and help catalyse asset management growth

Third buyout with the scheme means L&G has now insured £2.5bn of the plan’s liabilities

Transaction secures the benefits of more than 7,000 retirees as part of ‘umbrella’ agreement

Survey finds highest number of gold ratings awarded for addressing vulnerable customers

Jesal Mistry says private markets can offer significant potential benefits for members

L&G finds nearly two-fifths of DB schemes aiming for full buyout within three years

L&G research finds approximately £50bn in total market volumes recorded last year

Industry says revised figures highlight ongoing challenges of ensuring good member outcomes