Tate & Lyle completes second buy-in

clock •

The Tate & Lyle Amylum UK Pension Scheme has agreed an £82m buy-in to cover all liabilities relating its pensioner and deferred members.

The deal with Pension Insurance Corporation (PIC) follows a £347m partial pensioner buy-in for Tate & Lyle's principle UK defined benefit scheme last year (PP Online, 7 December 2012). KPMG advi...

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

Author spotlight

Jack Jones

View profile
More from Jack Jones

TPR's four priorities for 2016

FTSE 100 drops 3% to below 6,000 after China suspends trading for second time

More on Risk Reduction

Walkers Shortbread scheme bakes up £34m buy-in deal with L&G
Risk Reduction

Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Transaction secures the benefits of 161 retirees and 238 deferred members

Holly Roach
Holly Roach
clock 14 November 2024 • 2 min read
UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group
Risk Reduction

UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

Insurer’s largest risk reduction deal to date secures benefits for around 22,500 members

Martin Richmond
Martin Richmond
clock 14 November 2024 • 4 min read
Updated: The biggest buy-ins and buyouts since 2007
Risk Reduction

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
Professional Pensions
clock 14 November 2024 • 1 min read
Trustpilot