General Council of the Bar scheme completes £20m 'streamlined' buy-in with PIC

Transaction marks the first deal PIC has completed with its Mosaic framework

Martin Richmond
clock • 3 min read
General Council of the Bar scheme completes £20m 'streamlined' buy-in with PIC

The General Council of the Bar (GCB) Pension and Life Assurance Fund has completed a £20m buy-in with Pension Insurance Corporation (PIC).

The bulk annuity transaction has secured the benefits for 103 members of the GCB Fund and was completed and signed within ten weeks of the insurer receiving the fund's data. The transaction also ma...

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Martin Richmond
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Martin Richmond

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