Lloyds Banking Group Pensions Trustees Finalized Second Longevity Hedging Arrangement
Posted on 02/15/2022
Lloyds Banking Group Pensions Trustees completed a second longevity hedging arrangement. The deal was made to protect a further £5.5 billion of liabilities with Scottish Widows and SCOR. The trustees decided to go with the longevity insurance and reinsurance arrangement with Scottish Widows and SCOR to further protect its schemes from the cost of unexpected […]