Legal & General Completes ICI Pension Buy-In
Posted on 05/23/2024
Legal & General Assurance Society Limited (Legal & General) completed a £900 million buy-in with the ICI Pension Fund. This is the12th transaction since ICI entered into an umbrella agreement with Legal & General in 2014. Legal & General has now completed transactions of £7 billion, accounting for 70% of ICI’s total pension liabilities. Andrew…