Holophane scheme gets green light on £24m full buy-in deal with PIC

Deal secures the benefits of 95 pensioners and dependents and 74 deferred members

Holly Roach
clock • 2 min read
Holophane scheme gets green light on £24m full buy-in deal with PIC

The Holophane Retirement Benefits Scheme has secured a £24m full buy-in deal with Pension Insurance Corporation (PIC).

The deal with the scheme – sponsored by green infrastructure lighting solutions firm Holophane Europe – secures the benefits of 95 pensioners and dependents and 74 deferred scheme members. Carda...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Industry group launches bulk annuity sustainability collaboration

Industry group launches bulk annuity sustainability collaboration

Insurers, advisers and schemes launch initiative to streamline BPA survey processes

Jonathan Stapleton
clock 06 February 2025 • 4 min read
Five schemes secure buy-in deals with Just Group

Five schemes secure buy-in deals with Just Group

The transactions were completed last year and range in value from £2m to £17m

Holly Roach
clock 06 February 2025 • 2 min read
Utmost Life and Pensions partners with Mantle for support on BPA market entry

Utmost Life and Pensions partners with Mantle for support on BPA market entry

Partnership will see Mantle provide ‘end-to-end’ support throughout the risk transfer process

Martin Richmond
clock 05 February 2025 • 2 min read
Trustpilot