The Graham & Brown Retirement Benefits Scheme has agreed a buy-in with Pension Corporation which will see it spread the premium over the next five years.
The deal insures the £15m of liabilities relating to the scheme's current pensioner members, with 50% of the premium paid up front and the rest paid in instalments. It will also see PIC take insure...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
