Pilkington completes £230m buy-in with PIC

Michael Klimes
clock • 1 min read

The trustee of the Pilkington Superannuation Scheme has entered a £230m buy-in with the Pension Insurance Corporation (PIC).

The deal covers all new members who joined after the scheme insured £1bn of liabilities against unexpected longevity increases in 2011.  This is one of PIC's smaller deals this year compared t...

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