Legal & General Group plc

05/28/2024 | Press release | Distributed by Public on 05/28/2024 02:03

Legal & General completes third and final buyout with the Nortel Networks UK Pension Plan

  • Legal & General has now insured £2.5 billion of the Plan's liabilities.
  • This builds on Legal & General's long-standing relationship with the Plan. The Plan completed its first transaction with Legal & General in 2018 to secure benefits in excess of PPF levels for members.