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

Balancing act to increase tax without stifling growth
Tim Mander, Senior Wealth Consultant at Isio, comments: The Government faces a complex challenge with this year’s Budget: how to increase tax revenue
Why cutting IHT tax relief on AIM shares will not happen
Cutting inheritance tax (IHT) relief on AIM shares could allow the Tories to say Rachel Reeves crashed the stock market. Investors in AIM portfolios s
FCA cracks down on illegal finfluencers
20 finfluencers are being interviewed under caution by the Financial Conduct Authority (FCA), as it launches targeted action against finfluencers who

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.