Air Canada scheme confirms £380m buy-in with PIC

Corporate trustee says the deal was ‘complex and challenging’

Hope William-Smith
clock • 1 min read
Air Canada scheme confirms £380m buy-in with PIC

The Air Canada (UK) Pension Trust Fund has agreed a £380m buy-in with Pension Insurance Corporation (PIC).

The deal for the UK scheme of Canada's national airline will cover around 560 deferred members and 840 active ones. Punter Southall Governance Services, the scheme's sole, professional corporate...

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Hope William-Smith
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Hope William-Smith

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