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Mercer senior partner Adrian Hartshorn: We’ve worked closely with the company
The Metal Box Pension Scheme has agreed a £2.2bn buy-in to buyout transaction with Pension Insurance Corporation (PIC) after slashing its journey plan by nearly 20 years.
Under the buy-in agreed on Friday (1 October), the benefits of all 10,300 pensioner and 2,200 deferred members will be passed to PIC, with the policy due to transition to buyout exactly one month l...
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