NSPCC secures £63m pensioner buy-in

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The National Society for the Prevention of Cruelty to Children (NSPCC) Pension Scheme has tied up a £63m buy-in with Pension Insurance Corporation (PIC).

The transaction, which was funded from the scheme's portfolio of matching assets, covers all its pensioner members. The deal is structured to defer meeting the cost of future deflation, which PI...

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