How BAT's buy-in has paved the way for future deals

Kim Kaveh
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The BAT buy-in was the largest ever buy-in transaction including both pensioner and deferred members
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The BAT buy-in was the largest ever buy-in transaction including both pensioner and deferred members

Following British American Tobacco's £3.4bn buy-in this month, Kim Kaveh speaks to some of the key players about the process.

Pension Insurance Corporation (PIC) has had a busy first half of the year, racking up nearly £6bn of bulk annuities with defined benefit (DB) schemes, giving it a market share of just over 23% of the market...

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