ICI completes post-Brexit £750m buy-in

Kristian Brunt-Seymour
clock • 2 min read

The ICI Pension Fund has revealed it saved £10m by completing its latest buy-in with Legal & General (L&G) shortly after the EU referendum.

The scheme took advantage of market swings following the Brexit vote to get a better deal for the bulk annuity which covers £750m of liabilities. The fund benefited from having its interest rate...

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Kristian Brunt-Seymour
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