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

Markets wobble on inflation fears
FTSE 100 opens up. Brent crude back below $94 per barrel. US CPI in line with core a little softer than expected. Wall Street set to rebound at the op
HMRC should further refine plans for IHT on pensions
The Society of Pension Professionals (SPP) has urged HMRC to rethink key aspects of its proposed inheritance tax (IHT) framework for pensions, warning
Caution as inflation takes centre stage
Fresh skirmishes in the Middle East raise concerns about the duration of the energy crunch. Brent Crude creeps higher, rising back above $90 a barrel,

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.