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