Macfarlanes advises Legal & General on £760m buy-in with Sanofi pension scheme

12 October 2021

Macfarlanes has advised Legal & General Assurance Society Limited on its £760m buy-in for the members of the Sanofi Pension Scheme, securing the benefits of approximately 2,900 retirees.

The Macfarlanes team was led by insurance partner Andrew Barton and included senior insurance solicitor Madison Isted and insurance solicitor Alexander Cibulskis.

Andrew Barton comments: “We are delighted to have supported Legal & General with the completion of this significant transaction and to have worked with all those involved collaboratively and efficiently.”