NautaDutilh assists Lifetri with plans to enter into long-term strategic relationship with Legal & General
NautaDutilh assisted Lifetri on its announced plans to enter into a long-term strategic relationship with Legal & General. Under this relationship, Legal & General will support Lifetri as it expands to write further Dutch pension risk transfer business for defined benefit arrangements. The agreement remains subject to regulatory review.
The Netherlands is in the process of adopting significant changes to its pension regime, as a result for which pension funds are expected to seek insurance solutions in the coming years to support the transition of pension arrangements into insurance-based, capital-backed guarantees for members.
The planned relationship, which is fully supported by Lifetri’s principal shareholder, global investment firm Sixth Street, brings together the capabilities of all involved parties, which cover Dutch market expertise, global PRT knowledge and global investment expertise, and aims to deliver best-in-class solutions to the Dutch pension market.
NautaDutilh’s team led by Larissa Silverentand and Roderick Watson, consisted of Geert Raaijmakers, Thari van den Berg, Maarten Klaassen, Wijnand Bossenbroek, Mechteld Flohil, Esther Schreiber, Jacqueline Clement, Joost Kloosterman, Nico Blom, Nina Kielman, Mauricette Schaufeli, Evi Mattioli, David Viëtor, Maaike Heijink, Chantal van Sermond, Antonia Netiv, Felix Seuntjens and Carlijn Storm.