Pensions - Articles - LCP advises Gartmore on £160 million full buy-in


 LCP has advised the Trustee of the Gartmore Pension Scheme on a £160 million insurance buy-in agreement with Pension Insurance Corporation (PIC).
  

 The transaction covers the benefits for all 600 members of the Scheme. Since 2008, this is the third largest buy-in or buy-out with a solvent employer where all members are insured.

 Gartmore Group Limited was acquired by Henderson Group plc, a leading, independent asset management firm, in April 2011.
 
 Charlie Finch, partner at LCP said: "We are delighted to help another scheme to meet its objectives and benefit from the recent improvements in buy-in pricing. With the pent-up demand for de-risking and current favourable buy-in pricing I expect the record levels of transactions in 2011 to continue into 2012."?
  

Back to Index


Similar News to this Story

Government launches long awaited transfers consultation
The Government has today launched its long-awaited consultation on key changes to the traffic-light transfer conditions which were introduced back in
Comments on DWP Consultation on DB Surplus Release Framework
Hymans Robertson, The SPP and the PMI comment on DWP consultation on DB Surplus Release Framework
PPF publish latest PPF7800 figures for May 2026
This update provides the latest estimated funding position, based on adjusting the scheme valuation data supplied to The Pensions Regulator as part of

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.