{"id":159511,"date":"2025-09-25T12:31:06","date_gmt":"2025-09-25T12:31:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/159511\/"},"modified":"2025-09-25T12:31:06","modified_gmt":"2025-09-25T12:31:06","slug":"bp-kicks-off-pension-risk-transfer-in-1-6-billion-deal-with-lg","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/159511\/","title":{"rendered":"BP Kicks Off Pension Risk-Transfer in \u00a31.6 Billion Deal With L&#038;G"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">BP Plc has transferred a portion of its UK pension pot to an insurer, the latest move by a major British company to offload risks related to retirement payments. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Legal &amp; General Group Plc will manage risks for \u00a31.6 billion ($2.2 billion) of BP\u2019s \u00a318 billion fund, according to a statement Thursday. The pension fund is among the UK\u2019s largest and run by BP\u2019s in-house asset manager. <\/p>\n","protected":false},"excerpt":{"rendered":"BP Plc has transferred a portion of its UK pension pot to an insurer, the latest move by&hellip;\n","protected":false},"author":2,"featured_media":159512,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[8898,66801,20989,72633,84,4176,814,69295,467,72632,4174,4175,2019,11841,56,54,55],"class_list":["post-159511","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-acquisitions","tag-alternative-investments","tag-bp-plc","tag-brookfield-corp","tag-business","tag-finance","tag-interest-rates","tag-legal-general-group-plc","tag-markets","tag-natwest-group-plc","tag-personal-finance","tag-personalfinance","tag-rolls-royce-holdings-plc","tag-superannuation","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/159511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=159511"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/159511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/159512"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=159511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=159511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=159511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}