Rolls-Royce North America Transfers $145 Million in Pensions to Legal and General

Rolls Royce

On Thursday, Dec 1, 2022, Rolls-Royce North America announced that in July this year, it closed on a PRT deal to transfer $145 million in pensions to Legal & General Retirement America.  Rolls-Royce described the transaction as beneficial to pension holders because it provided further security to them. The deal affected 1200 retirees.

Read more about it here.