Investment - Articles - Quantum Advisory completes buy in with Legal and General


Quantum Advisory is pleased to announce the completion of a £6.5m buy-in transaction with Legal & General for a Defined Benefit Scheme with 17 members.

 Legal advice was provided to the Trustees by Mills & Reeve and Quantum Advisory acted as the broker for the buy-in transaction as well as providing administration, actuarial and investment consultancy to the Trustees.
 
 Darren Wateridge, Senior Consultant and Actuary at Quantum Advisory commented: “It has very much been a pleasure working with the Trustees, Mills & Reeve and Legal & General to secure the buy-in policy for this scheme”.

 Fiona Jaffray, Pricing and Strategy Actuary at Legal & General commented:“Our streamlined approach for smaller schemes, including novation of the scheme’s LGIM assets as premium payment, coupled with the straightforward and collaborative process run by Quantum Advisory led to the smooth and highly efficient completion of the transaction. We’re pleased to have supported the Trustees and its advisers in securing the benefits of the scheme’s members.”

Back to Index


Similar News to this Story

Schroders receive FM mandate from RNIB Retirements Scheme
Schroders Solutions today announces it has been awarded a £170 million Fiduciary Management (FM) mandate by the Royal National Institute of Blind Peop
Comments on the unexpected fall in inflation
Standard Life and My Pension expert comment as inflation unexpectedly falls to 2.5%
PIC complete full buyin for Holophane Retirement Scheme
Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, has concluded a £24 million full buy-in of the Hol

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.