Europe

Rolls-Royce strikes deal with Legal & General to move £4.8 billion of assets

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Rolls-Royce strikes deal with Legal & General to move £4.8 billion of assets

Rolls-Royce has made a deal to transfer pension risk liabilities to Legal & General. The deal covers the transfer of assets and liabilities relating to approximately 33,000 pensioners who are members of the Rolls-Royce UK pension fund out of a total of 76,000 members. The transaction will fully ...

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