ICI completes two buy-ins worth nearly £1bn

Michael Klimes
clock • 1 min read

The ICI Pension Fund has revealed it completed another two buy-ins worth almost £1bn in September with two major insurers.

Legal and General (L&G) took on £0.4bn of liabilities while Scottish Widows insured £0.6bn. This latest round of intense buy-in activity means11 transactions covering around 75% of liabilities o...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Skipton Building Society secures £105m buy-in with Rothesay

Skipton Building Society secures £105m buy-in with Rothesay

Transaction secures the benefits of all 705 scheme members

Holly Roach
clock 08 April 2025 • 2 min read
Trustees favour sponsor loans and secondary market sales for BPA transactions

Trustees favour sponsor loans and secondary market sales for BPA transactions

Standard Life says most are considering a sponsor loans to manage illiquid assets

Jasmine Urquhart
clock 01 April 2025 • 1 min read
BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

Aon risk settlement update shows growth particularly in sub-£100m segment

Holly Roach
clock 01 April 2025 • 1 min read
Trustpilot