8 Oct 2018

Telecommunications equipment company Nortel Networks UK Pension Plan exits PPF Assessment with surplus to enhance benefits.

Legal & General Assurance Society Limited ('Legal & General') today announces that it has completed a £2.4 billion buyout for the Nortel Networks UK Pension Plan, ('The Plan'), covering around 15,500 pensioner members and around 7,200 deferred members.

For the full press release, please click the link below

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Legal & General Group plc published this content on 08 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 October 2018 09:37:04 UTC