Enterprise Inns uses deferred premium to secure buyout - Updated

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Trustees of the RetailLink Management Limited pension plan have put in place a deal to buy out the £35m scheme over the next four years.

The scheme, sponsored by pub chain Enterprise Inns, has exchanged its assets for a bulk annuity policy with Legal and General (L&G) as the first step. The scheme will hold this policy as an asse...

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