Epson scheme secures £50m buy-in deal with PIC

Deal secures the benefits of all 368 pensioners and 493 deferred members

Holly Roach
clock • 2 min read
Epson scheme secures £50m buy-in deal with PIC

The Epson Telford Limited Pension & Life Assurance Scheme has completed a £50m full-scheme buy-in with Pension Insurance Corporation (PIC).

The bulk annuity transaction for the scheme – which is part of the Epson group and owned by Japanese electronics firm Seiko Epson Corporation – secures the benefits of all 368 pensioners and 493 de...

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Holly Roach
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Holly Roach

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