Legal & general retirement america completes pension risk transfer deal with rolls-royce north america inc.

Stamford, conn.--( business wire )--legal & general retirement america (lgra) announced today that it has completed a c.$145 million pension risk transfer (prt) transaction with rolls-royce north america inc. the deal, which closed in july, covered approximately 1,200 plan participants from the retirement plan for rolls-royce north america, and came on the heels of lgra's largest h1 to date in the us prt market. aon advised rolls-royce on this transaction.
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