News and insights

This transaction covers the Tarmac UK Pension Scheme, the Tarmac ‘B’ Pension Scheme, and the Anglo UK Pension Scheme, securing the benefits of over 7,600 members.

Securing the benefits of 2,295 retirees and 5,890 deferred members.

We have completed a £370 million buy-in with the BAL section of the TUI Group UK Pension Trust.

This transaction secures the benefits of 4,900 retirees and 5,600 deferred members.

We completed a £34 million buy-in with Walkers Shortbread's Retirement Benefits Scheme, securing benefits for 161 retirees and 238 deferred members.

We completed a £1.1 billion buy-in with Deutsche Bank's UK Pension Scheme, securing benefits for around 4,000 members and bringing total insured liabilities to £2.1 billion.

We completed a £1.1 billion buy-in with the SCA UK Pension Plan

We completed a £21 million buy-in with The Leprosy Mission Central Pension Scheme

We completed our third and final buyout with the Nortel Networks UK Pension Plan

We completed a c.£900 million buy-in with the ICI Pension Fund (“the Fund”), securing the benefits of over 7,000 retirees.

£16 million buy-in with John Graham (Dromore) Limited Pension and Life Assurance Scheme

We completed a c.£500 million buy-in with the DB (UK) Pension Scheme, securing the benefits of around 2,000 retirees and deferred members.

Our new report seeks to demystify the ‘endgame’ landscape and explore how Trustees can get the best outcome for their schemes.

Read our latest Q3 PRT monitor analysing the growing momentum in the US market

Download our half year 2024 PRT market update and latest client and customer service report

Download our research report

Download our full-year 2023 PRT market update and latest client service report.

We have published our latest Pension Risk Transfer (PRT) Monitor, analysing the growing momentum in the UK and US PRT markets.

We have published our latest Pension Risk Transfer (PRT) Monitor, analysing trends and dynamics in the UK and US PRT markets.

Download our half-year 2023 PRT market update and latest client service report.

View our latest Pension Risk Transfer (PRT) Monitor, analysing the growing momentum in the UK and US PRT markets.

This insurer-led Best Practice Guide aims to help pension schemes to prepare for a quotation and drive greater standardisation and efficiencies across the market.

Meet Cara Epega and Max Eagle, two of our talented apprentices who make a difference in our Client and Customer Service team.

We are proud to be founding signatory to Accounting for Sustainability’s Charter released early in 2024.

We aim to put customers at the heart of everything we do, which is why we host regular events throughout the year, enabling customers to meet our team in person.

The complexities associated with a transaction of such size required collaboration across all parties and innovative solutions to meet the Trustee’s and Sponsor’s objectives.

In May 2023, we completed our fourth buy-in with the British Steel Pension Scheme as a final step to fully insuring the scheme. The transaction secured the remaining 40% of the liabilities bringing the total insured liabilities with L&G to c.£7.5 billion. In doing so, the scheme became the largest pension scheme in the UK to have secured full insurance

Aysha Patel, New Business Origination Lead at Legal & General, shares her top five trends that are set to shape the pension risk transfer industry in the new year and beyond.

Our CEO, Andrew Kail, recently returned to his hometown of Sheffield to explore how the power of pensions is helping to forge a bright future for the Steel City.

An insider guide on achieving the best outcome with your insurer of choice

In June, we returned to BBC Gardeners’ World Live in Birmingham for our flagship customer engagement event. We were pleased to welcome over 3,000 customers to our dedicated customer lounge.

Here is some insights into our global Institutional Retirement business and our proud heritage as the UK's longest-serving Pension Risk Transfer provider.

We celebrated the opening of our new Glasgow office following our transaction with The British Steel Pension Scheme

Our impactful investments boost the economy, create jobs, homes, and support local communities.

We met our customers face-to-face at Inspired Villages' Ledian Retirement Village. These types of events enable us to strengthen our relationships with customers and provides them an opportunity to ask any questions about their pension.

Our multi-award-winning Client and Customer services team highlight how we put customers at the heart of everything we do.

Meet the team responsible for ensuring we deliver a great service to members. 

We’ve worked with defined benefit pension schemes for over 35 years. Providing income and security in retirement is a responsibility that drives everything we do. 

Our CEO, Andrew Kail, and Global Business Manager, Natalie Bentley, recently returned to their hometown of Sheffield to see our purpose of Inclusive Capitalism in action.

Together with Newcastle City Council and Newcastle University, we have invested in Newcastle Helix, providing office space and jobs for the local community.