Arc Pensions Law advises trustee in Legal & General c£17m bulk annuity with John Good & Sons Limited Pension Scheme
Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c.£17 million full scheme buy-in transaction with John Good & Sons Limited Pension Scheme (“the Scheme”), covering the benefits for over 80 pension scheme members.
The Scheme is an existing Legal & General client, with the Trustee having appointed Legal & General Investment Management (“LGIM”) as its fund manager in 2003.
The Trustee was advised on the transaction by XPS Pensions Group, with legal advice provided by Arc Pensions Law Partner Jane Kola and Legal Director Max Ballad.
For more information on this deal, please click here.
News of this has been published in Pensions Age, Pensions Expert, Law360, Pensions & Investments, Actuarial Post, Insurance Edge, IPE, Mandate Wire and Market Screener.
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