Sackers advises the AIB Group UK Pension Scheme on £61m buy-in with L&G
L&G announces that it has agreed a £61m transaction with the AIB Group UK Pension Scheme to convert a tranche of its existing Assured Payment Policy (APP) into a buy-in policy. Covering both deferred members and new retirees, the transaction marks the first time an APP has been partially converted into a new buy-in policy....