- 6th June 2019
- Posted by: Hakeem
- Categories: Innovation, Technology
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LONDON (Reuters) – Rolls-Royce (LON:RR) said on Thursday its pension scheme had agreed to transfer 4.6 billion pounds of assets to Legal & General in Britain’s largest ever pension risk transfer deal.
The deal covers the transfer of assets and liabilities relating to around 33,000 pensioners who are members of the Rolls-Royce UK Pension Fund it said in a statement and would see Rolls-Royce pay a cash contribution of around 30 million pounds.
Written By: Reuters
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