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Market Closed -
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5-day change | 1st Jan Change | ||
| 244.6 GBX | -0.16% |
|
-1.21% | -2.59% |
| Apr. 18 | UBS shuts some China private funds, will lay off staff, sources say | RE |
| Apr. 05 | Women in UK finance earn a third less than male colleagues, data shows | RE |
LONDON (Reuters) - Legal & General Group has completed a 750 million pound ($990.98 million) pension buy-in transaction for the ICI pension fund, the insurer said on Tuesday.
Legal & General and ICI did the risk transfer deal shortly after the EU referendum on June 23, L&G said, bringing the total of such deals executed between the two to 5 billion pounds since 2014.
The deal means Legal & General will insure the pension risk of some of the ICI fund's pensioner members.
(Reporting by Lawrence White, editing by Louise Heavens)
| 1st Jan change | Capi. | |
|---|---|---|
| -2.59% | 18.07B | |
| -9.56% | 85.99B | |
| +11.79% | 82.62B | |
| +8.92% | 25.27B | |
| +8.33% | 15.77B | |
| +3.57% | 13.86B | |
| -15.58% | 13.17B | |
| +15.71% | 9.64B | |
| +22.55% | 8.55B | |
| +20.77% | 7.14B |
LEGAL & GENERAL PLC 
