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...

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Michael Klimes
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