The IMI 2014 Deferred Fund has secured a £175m partial buy-in with the Pension Insurance Corporation (PIC).
The bulk purchase annuity transaction for the fund, which is sponsored by engineering company IMI, covers the liabilities for 1,378 members of the fund, 97% of which are deferred members. The de...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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