WCF Ltd secures £7.2 million pension buy-in for 122 retired members, reducing company risk.

Logistics firm WCF Ltd has completed a £7.2 million buy-in for its Staff Retirement Benefits Scheme with insurer Legal & General, securing benefits for 122 deferred members. The transaction, finalized in less than five months, helps WCF Ltd manage pension liabilities and reduce risk exposure. Additionally, the National Grid UK Pension Scheme completed a £900 million buy-in with Rothesay, and The Pensions Regulator announced the outcome of anti-avoidance action.