L&G completes £1.7bn UBS Section buy-in
By IAN Editorial Desk
14 October 2026·1 min read
Primary source: group.legalandgeneral.com
The transaction included novation of the Plan’s existing longevity hedge with Zurich to L&G.
L&G announced on 13 October 2026 that it and the Trustee of the UBS (UK) Group Pension Plan had completed a £1.7bn buy-in covering the UBS Section. The insurer said the transaction secured benefits for more than 7,000 members.
The £1.7bn transaction was already included in the £5.7bn of global pension risk transfer volumes reported in L&G’s 2026 half-year results.…
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