Legal & General Group plc

09/11/2019 | Press release | Distributed by Public on 09/11/2019 00:31

Legal & General announces £35m buyout of Edwards Wildman Palmer LLP’s UK pension scheme

11 Sep 2019

Legal & General Assurance Society Limited ('Legal & General') today announces that it has agreed a c£35m buyout for the US owned law firm Edwards Wildman Palmer LLP's UK pension scheme.

The scheme was an existing Legal & General Group client through its partnership with Legal & General Investment Management's (LGIM) fiduciary management team. It is one of the first schemes to have moved to buyout by leveraging the combined solution that only the Legal & General Group can offer across its fiduciary management and buyout teams.

Access the press release via the link below